Behind-the-scenes talks underway on new leadership for Nord Stream project

Chinese-linked commentary presents the reported Nord Stream talks as part of a possible grand bargain between Donald Trump and Vladimir Putin that would reshape energy flows to Europe. They say Trump could trade sanctions relief and a green light for US investors in Nord Stream for Russian steps on Ukraine or other security issues. They argue that reopening Nord Stream under US-involved leadership would weaken Europe’s push for energy diversification and increase Washington’s influence over EU energy choices.

• •Asia-based analysts claim a future Trump administration could back US investor participation in Nord Stream in exchange for Russian concessions on Ukraine or NATO-related issues.
• •Chinese commentary says a Trump-Putin deal on Nord Stream would undercut the European Union’s efforts to reduce dependence on Russian gas.
• •Chinese outlets argue that US investors joining Nord Stream would let Washington partly control the flow and pricing of Russian gas to Europe.
• •Commentators in Chinese media claim that a revived Nord Stream would reduce demand for US liquefied natural gas in Europe but increase US political influence over energy decisions.
• •Chinese analysis says the reported talks show Moscow is ready to adjust Nord Stream’s ownership and leadership structure to regain access to the European gas market.