2021-03-24 10:30:00
NORD STREAM 2 SANCTIONS FOREVER
REUTERS - MARCH 23, 2021 - U.S. Secretary of State Antony Blinken said on Tuesday the Nord Stream 2 pipeline being built from Russia to Germany ran counter to the European Union’s own interests and could undermine Ukraine.
Germany is pushing for the pipeline’s completion, despite sustained U.S. opposition over more than a decade. The United States fears Russia could use Nord Stream 2 as leverage to weaken EU states by increasing dependency on Moscow.
U.S. Secretary of State Antony Blinken said on Tuesday the Nord Stream 2 pipeline being built from Russia to Germany ran counter to the European Union’s own interests and could undermine Ukraine.
Germany is pushing for the pipeline’s completion, despite sustained U.S. opposition over more than a decade. The United States fears Russia could use Nord Stream 2 as leverage to weaken EU states by increasing dependency on Moscow.
Blinken also emphasized Washington’s opposition to the pipeline in his meeting with German Foreign Minister Heiko Maas on Tuesday, U.S. State Department spokesman Ned Price said in a statement.
Nord Stream 2 will bypass Ukraine, a Western ally, potentially depriving it of valuable transit fees. It will also increase European energy dependency on Russia and compete with shipments of U.S. liquefied natural gas.
The pipeline is already around 95% built, and could be finished by September, analysts who monitor tracking data say.
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Earlier:
2021, March, 17, 14:30:00
NORD STREAM 2 CONTINUATION
The consortium behind Nord Stream 2 has pushed ahead with construction despite growing political pressure.
2021, March, 5, 11:45:00
NORD STREAM 2: EXCEPT FOR SANCTIONS
Being able to use two pipelaying vessels will speed up work on completing Nord Stream 2, which before the Fortuna resumed work had around 150 km left to lay out of a total 2,460 km of the two-string pipeline.
2021, March, 1, 10:55:00
NORD STREAM 2 SANCTIONS FOR ALL
"The US has decided to put the Nord Stream 2 project in a broader geopolitical framework and is threatening all industries or parties involved in the project with sanctions," Wintershall Dea said.
2021, February, 25, 12:15:00
NORD STREAM 2 SANCTIONS: NOT ENOUGH
There had been calls for the Biden administration to intensify sanctions designations to include a wide range of companies involved in the construction of Nord Stream 2, including service companies, insurers and certification companies.
2021, February, 24, 11:00:00
NORD STREAM 2: SUPPORTING GERMANY
Despite U.S. sanctions against the pipeline, Berlin has stood by Nord Stream 2, which it says is a commercial project.
2021, February, 24, 10:55:00
NORD STREAM 2 SANCTIONS ANEW
President Joe Biden believes the pipeline is a "bad deal" for Europe, his spokeswoman Jen Psaki has said, and many U.S. lawmakers are pushing for sanctions.
2021, February, 17, 15:50:00
NORD STREAM 2 SANCTIONS CONTINUED
Some 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but the threat of US sanctions against companies involved in laying the pipeline has led to long delays in its completion.
