Finance

Russia's Lavrov says US wants to take over Nord Stream gas pipelines

Published by Global Banking & Finance Review

Posted on March 27, 2026

2 min read

· Last updated: April 1, 2026

Add as preferred source on Google
Russia's Lavrov says US wants to take over Nord Stream gas pipelines
Global Banking & Finance Awards 2026 — Call for Entries

MOSCOW, March 27 (Reuters) - Russian Foreign Minister Sergei Lavrov said the U.S. has been seeking control over the Nord Stream gas pipelines in the Baltic Sea, which were damaged by mysterious blast

Russia Accuses US of Seeking Control Over Damaged Nord Stream Gas Pipelines

US Involvement and Control Over Nord Stream Pipelines

Background of the Nord Stream Pipeline Incident

MOSCOW, March 27 (Reuters) - Russian Foreign Minister Sergei Lavrov said the U.S. has been seeking control over the Nord Stream gas pipelines in the Baltic Sea, which were damaged by mysterious blast in September 2022.

Explosions that destroyed the pipelines more than three years ago largely severed Russian gas transit to Europe, squeezing energy supplies on the continent although Russia had already largely stopped deliveries.

Sabotage Claims and Investigations

Russia and Western countries have both said the incident was an act of sabotage. Investigators spent years trying to piece together the mystery of who was behind it and last year a Ukrainian man was arrested in Italy on suspicion of coordinating the attacks.

Lavrov's Statements on US Energy Market Dominance

Comparisons with Venezuela and Iran

Speaking to France Televisions on Thursday, Lavrov said the U.S. has been striving to dominate over the global energy markets, citing Venezuela, where Washington has effectively taken under control the world's largest oil reserves, as well as Iran.

US Intentions Regarding Nord Stream

"The United States is also now saying that it wants to take over the Nord Stream pipelines," Lavrov said according to the text of the interview published by Russia's foreign ministry.

He did not provide details.

Recent Developments and Reports

American Investor Interest in Nord Stream 2

The Wall Street Journal reported in 2024 that an American investor, Stephen P. Lynch, was seeking to buy the two-pronged Nord Stream 2 pipeline, one line of which remains intact.

(Reporting by Vladimir Soldatkin; Editing by Lincoln Feast.)

Key Takeaways

  • Lavrov accuses the U.S. of aiming to dominate global energy by seizing control of Nord Stream, though offers no evidence
  • Investigations into the 2022 Nord Stream sabotage remain inconclusive; Germany issued an arrest warrant for a Ukrainian suspect, but probes in Sweden and Denmark closed without definitive perpetrators
  • Speculative reporting suggests U.S. investor interest in acquiring Nord Stream 2, while geopolitical tensions over energy infrastructure persist

References

Frequently Asked Questions

What did Sergei Lavrov say about the Nord Stream gas pipelines?
Sergei Lavrov claimed that the US is striving to take control over the Nord Stream gas pipelines in the Baltic Sea.
What happened to the Nord Stream pipelines in 2022?
In September 2022, mysterious explosions damaged the Nord Stream gas pipelines, significantly reducing Russian gas transit to Europe.
Who was arrested in connection with the Nord Stream incident?
A Ukrainian man was arrested in Italy on suspicion of coordinating the attacks on the Nord Stream pipelines.
What role has the US played in global energy markets according to Lavrov?
Lavrov claimed the US seeks to dominate global energy markets, referencing actions in Venezuela, Iran, and the Nord Stream incident.
Is there any attempt to buy the Nord Stream 2 pipeline?
Yes, The Wall Street Journal reported that Stephen P. Lynch, an American investor, is seeking to buy part of the Nord Stream 2 pipeline.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category