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Italy's Draghi Says Europe Has No Capabilities to Impose Sanctions on Russia in Gas Field

© AP Photo / Dmitry LovetskyIn this April 9, 2010 file photo, a Russian construction worker speaks on a mobile phone in Portovaya Bay some 170 km (106 miles) northwest of St. Petersburg, Russia, during a ceremony marking the start of construction for the Nord Stream pipeline.
In this April 9, 2010 file photo, a Russian construction worker speaks on a mobile phone in Portovaya Bay some 170 km (106 miles) northwest of St. Petersburg, Russia, during a ceremony marking the start of construction for the Nord Stream pipeline.  - Sputnik International, 1920, 22.12.2021
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ROME (Sputnik) - The EU does not have any capabilities to impose sanctions against Russia in the field of gas and is not in a position to do that, Italian Prime Minister Mario Draghi said on Wednesday.

"Let us, the Europeans, ask ourselves the question — if we want to impose sanctions on gas, whether we are really capable of this, we are strong enough, the moment is now right. Obviously, the answers will be negative", Draghi told at his end-of-year press conference.

The European Union should currently maintain dialogue with Russia, the prime minister said, adding that Russian President Vladimir Putin "wants to be in a state of negotiations, in which the development of events is possible, which would not lead to irreversible consequences".
© REUTERS / LEE SMITHFlames come out of a domestic gas ring
Flames come out of a domestic gas ring - Sputnik International, 1920, 22.12.2021
Flames come out of a domestic gas ring
The joint Russian-European Nord Stream 2 gas pipeline was completed earlier this year, however, it still awaits certification by both German and European regulators. Yet, some recent reports have suggested that the project may be halted due to escalating tensions between Russia and Ukraine.
Moscow has repeatedly dismissed claims about "invasion" plans of Ukraine and warned against politicising the Nord Stream 2. Russia also criticised US sanctions against the pipeline, which were aimed at stopping its construction, saying it is an example of "unfair competition".
While the project's approval is still under consideration, Europe is facing an unprecedented spike in gas prices, with gas futures hitting a record high of $2,187 per 1,000 cubic metres.
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