Radio Free Europe: Ukraine, Baltic Leaders Blast Russian-German Pipeline Plan

Ukrainian and the Baltic leaders have blasted a planned second Nord Stream pipeline to funnel natural gas from Russia to Germany under the Baltic Sea.

The project would cost Ukraine $2 billion a year in lost revenues as it takes away business from the land-based pipeline that transits Ukraine and Poland, Ukrainian Prime Minister Arseniy Yatsenyuk said at a press conference with Baltic leaders in Riga on November 5.

Poland and Slovakia would also lose $300 million and $800 million, respectively, in annual pipeline revenues, while it would deprive the European Union of real energy independence, he said.

"We do believe that this project has nothing based on economic issues -- it is more a political one," he said.

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