US Senators Propose New Sanctions Against Nord Stream 2

A group of senators has proposed to impose sanctions against Nord Stream 2 AG. In May, the United States abandoned such a measure. As Biden explained, the introduction of new restrictions would be “unproductive” for relations with Europe

A group of Republican senators has come up with a new initiative that provides for the imposition of sanctions against the Nord Stream 2 project, Reuters reported.

This proposal was sent by six lawmakers, led by Jim Rich, who chairs the US Senate Foreign Relations Committee. They proposed an appropriate amendment to the National Defense Authorization Act (NDAA) for fiscal 2022.

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If the amendment is adopted, no later than 15 days after that, US President Joe Biden will have to impose sanctions against “ any organization responsible for planning the project, construction and operation of the Nord Stream 2 gas pipeline, as well as against the main shareholder of such companies. A scan of the document was posted on Twitter by Bloomberg correspondent Daniel Flatley.

In fact, we are talking about the company Nord Stream 2 AG & mdash; “ daughter '' Gazprom and the project operator. It was created for the planning, construction and subsequent operation of the gas pipeline.

Nord Stream 2; completed in September. It was supposed to be ready at the end of 2019, but the work was prevented by US sanctions. Because of them, some of the foreign partners left the project.

However, in May, the United States decided not to impose sanctions on Nord Stream 2 AG and its CEO Matthias Warnig. As US President Joe Biden explained, the pipeline is “ almost complete '' and imposing new restrictions on him would be 'unproductive' for relations with Europe.

In June, he also met with the current acting. German Chancellor Angela Merkel and signed an agreement with her on Nord Stream 2. Washington refused to completely block the project, and Germany promised to help extend the transit time for Russian gas through Ukraine, as well as to join the sanctions that will be imposed if Russia begins to use the issue of energy supplies to put pressure on other countries.

According to Gazprom, the pipeline is ready for launch. For this, Nord Stream 2 AG must obtain approval from the German and then the European regulator. In Germany, the decision must be made by January 8, 2022, then the European Commission will consider it within two months. The EC also has the right to extend the term for another two months & mdash; until May 8, 2022, Bloomberg reported.

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