Friday, February 26, 2021

Six American pressures: 18 European companies break out of the Nord Stream-2 project


Washington has so far only been involved in the construction of North Stream-2 the Russian pipe-laying vessel Fortuna and its owner, KVT-Rust, were sanctioned. This was the first time a company had been punished under the U.S. Sanctions Act against North Stream-2. The decision was announced on the penultimate day of office of outgoing President Donald Trump. So far, the application of this legislation has only served as a threat, resulting in significant delays in the construction of the pipeline.

However, the current report does not threaten additional companies with sanctions, which has provoked criticism from opposition Republican MPs.

Republican Senator Ted Cruz over the weekend accused President Joe Biden’s government of sending a signal that he was ready to allow the construction of a gas pipeline with catastrophic consequences for U.S. national security interests and the energy security of U.S. European allies.

The document, signed by Chief of Staff Antony Blinken, was sent to Congress by the U.S. State Department on Friday, but was only released on Monday. The report highlights the German position that this is a vital economic project.

Berlin strongly opposes American sanctions, which it sees as a violation of the sovereignty of Germany and the European Union

– states in the report.

Nor do the United States, Poland, or Ukraine want the pipeline from Russia to Germany completed. They fear that by building it, Moscow would gain too much influence in Germany. Berlin, on the other hand, claims that the project would provide a direct and secure source of energy.





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