The US will not impose sanctions against the company that oversees “Nord stream-2”

According to Fox Business, the Biden administration is not ready to risk relations with Germany for the sake of a complete stop of the project.

The Joe Biden administration will not impose sanctions against the corporation overseeing the construction of the “Nord stream-2” gas pipeline and its CEO, Fox Business and Fox News reported.

Citing an unnamed informed source, the networks reported that at the same time, the State Department is expected to send to Congress its 90-day report with a list of structures involved in the construction of the pipeline that deserves sanctions.

In December, Congress passed the National Defense Appropriations Act, which included sanctions targeting companies and individuals involved in the “Nord stream-2” project.

However, another informed source told Fox Business that stopping the 95 percent, completed project would require sanctions against German gas consumers, and the Biden administration is not ready to risk its relations with Germany for this.

However, the State Department reiterated its opposition to the project.

“We will continue to emphasize the strong, bipartisan US opposition to this project of Russia’s malign influence,” an unnamed Foreign Ministry official told Fox News. The United States will continue to apply sanctions to ships involved in the construction of the “Nord Stream-2,” although Washington refuses to impose sanctions against the company responsible for the project, the television network reported.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
Function: Chief-Editor
Ivan Maltsev

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