Pompeo Wants Oil And Gas Industry’s Help To Defeat Foes
U.S. Secretary of State Mike Pompeo told CERAWeek by IHS Markit attendees that the U.S. needs their help to counter the world’s bad actors. (Source: Screen shot from CERAWeek website)
U.S. Secretary of State Mike Pompeo asked the global energy industry for help in foiling Russia, China and Iran, and promoting change in Venezuela in an evening keynote address March 12 at CERAWeek by IHS Markit.
“We don’t want our European allies hooked on Russian gas through the Nord Stream 2 project any more than we ourselves want to depend on Venezuela for our oil supplies,” he said. The pipeline project would connect Russia to Germany via Finland, Sweden and Denmark. The Trump administration and several European countries oppose the project, fearing it will jeopardize the continent’s energy security.
“We all know the story in Russia,” he said. “It invaded Ukraine to get access to oil and gas reserves and in turn deprived Ukraine of the possibility of developing those resources for itself and its pipelines and its networks to bring energy to its own people.”