Tuesday, February 23, 2021

US imposed new sanctions against Nord Stream 2 pipelayer


Pipelay vessel Fortuna is building Nord Stream 2 (Photo: REUTERS / Annegret Hilse / File Photo)

The US Treasury has included the Nord Stream 2 pipelayer vessel Fortuna and its owner KVT-RUS on the new list of sanctions.

The United States has added the Nord Stream 2 pipelayer vessel Fortuna and its owner, KVT-RUS, to another sanctions list. This is stated in the message of the US Treasury Department.

The vessel was added to the sanctions list under the US European Energy Security Protection Act (Protecting European Energy Security Act, PEESA).

The sanctions involve blocking the assets of legal entities and a ban on banking operations in the United States.

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Recall that in January 2021, the ship Fortuna and its owner were added to the sanctions list in accordance with the CAATSA law (Countering America’s adversaries through sanctions).

In October 2020, the US announced plans to expand sanctions against Nord Stream 2. At the same time, the State Department clarified the wording about sanctions for foreign persons and companies that «provided ships for the construction of the project. “

On January 1, 2021, new restrictions in the US defense budget for this year came into effect. They will concern companies that will certify the completion of Nord Stream 2. Due to the new sanctions, a number of European companies, including the Swiss Zurich Insurance, withdrew from the project.



#imposed #sanctions #Nord #Stream #pipelayer

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