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2020-08-17 12:50:00

NORD STREAM 2 SANCTIONS: ILLEGAL

NORD STREAM 2 SANCTIONS: ILLEGAL

REUTERS - AUGUST 14, 2020 - A majority of EU member states view U.S. sanctions in connection with the construction of the Nord Stream 2 gas pipeline under the Baltic Sea as a breach of international law, German daily Die Welt reported in its online edition on Friday.

The paper said an EU delegation communicated a diplomatic position, supported by 24 the bloc's 27 members, to the U.S. State Department on Aug. 12 in a video call.

Contacted by Reuters, the European Commission had no immediate comment.

In an emailed statement, the U.S. embassy in Berlin said it preferred not to use sanctions and favoured cooperation with Europe, but Russia's dominance in Europe's gas markets had left it with no choice.

"The United States must act to address the threat to our national security and foreign policy interests," it said.

Die Welt said diplomatic sources confirmed the call took place and that the written version of the EU's demarche, or approach, had been circulated.

"We are highly concerned about the increasing use of sanctions by the U.S. against European companies and interests," the paper quoted the note as saying.

"The EU considers the extraterritorial use of sanctions as a breach of international law," it said, adding the European companies involved were pursuing legitimate business activities.

The United States has tightened sanctions on the pipeline, designed and led by Russia's Gazprom and due to start operating in early 2021 to carry gas directly to Germany from Russia.

Five western partners in the 9.5 billion euros ($11.2 billion) project who committed to sharing 50% of the finance and have committed sizeable funds say the gas is needed.

The diplomatic note said the EU shared foreign and security policy goals with the United States and is open to dialogue.

The Nord Stream 2 consortium, based in Switzerland, has knowledge of the EU's initiative, but would not comment, a spokesman for the group said.

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Earlier:

NORD STREAM 2 SANCTIONS: ILLEGAL
2020, August, 5, 11:55:00
RUSSIA'S GAS TO EUROPE DOWN
Russian exports to Europe via the four main corridors -- Nord Stream, Yamal-Europe, Ukraine and TurkStream -- had hovered around 11.1 Bcm over the previous three months, around 25% lower year on year.
NORD STREAM 2 SANCTIONS: ILLEGAL
2020, August, 3, 11:50:00
GAZPROM'S PAYMENT TO POLAND $57 MLN
Poland sees Nord Stream 2, which would double Russia’s gas export capacity via the Baltic Sea, as a threat to Europe’s energy security,
NORD STREAM 2 SANCTIONS: ILLEGAL
2020, July, 29, 11:50:00
NORD STREAM 2 UNLAWFUL DISCRIMINATION
"Nord Stream 2 does not share the procedural arguments of the court and maintains that the amendment of the Gas Directive constitutes an unlawful discrimination," a spokesman for Nord Stream 2 told
NORD STREAM 2 SANCTIONS: ILLEGAL
2020, July, 16, 16:05:00
NORD STREAM 2: THE NEW SANCTIONS
The changes to the CAATSA guidance is the latest move by the US to put pressure on companies involved in building both Nord Stream 2 and the TurkStream extension in Bulgaria and Serbia into Hungary.
NORD STREAM 2 SANCTIONS: ILLEGAL
2020, July, 15, 14:00:00
RUSSIA'S GAZPROM EARNINGS DOWN
In April and May, Russian companies sold abroad 65.4 tons of gold for $3.55 billion while energy corporation Gazprom, holding a monopoly for delivery of natural gas to foreign countries, earned $2.4 billion over the same period.
NORD STREAM 2 SANCTIONS: ILLEGAL
2020, July, 15, 13:55:00
RUSSIA'S GAZPROM EXPORTS UNCHANGED
Gazprom's expectations for its realized European gas price for the year were also unchanged.
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Tags: NORD STREAM, SANCTIONS, RUSSIA, EUROPE, GAS, USA