Thursday, February 25, 2021

More than 15 companies have already left Nord Stream 2 due to the threat of sanctions – US Department of State


More than 15 companies have voluntarily withdrawn from the Nord Stream 2 project to avoid punishment from the US.

The US government has included KVT-RUS and its Russian ship Fortuna in the list of recent sanctions. According to the representative of the US State Department Ned Price, this is stated in the report provided at the request of the Congress, writes “Ukrinform”.

“On Friday, the Department of State submitted a report to Congress on the Nord Stream 2 gas pipeline project as required by the European Energy Security Protection Act (PEESA) as amended,” Price said. He noted that the document defines the Russian company KVT-RUS as one that deliberately sells, leases or provides the Fortuna barge for the construction of the gas pipeline.

The report includes a list of organizations “that have themselves taken good faith steps to cease activities related to the Nord Stream 2 project within an appropriate period. Companies have escaped US sanctions.” This list includes more than 15 organizations and demonstrates that our legislative objectives and actions have a remarkable effect, “added Price.

He also noted that the government is holding constant consultations on energy security issues with European allies and partners. However, he did not specify the details, including whether Ukraine is participating in the negotiations, as the main transit country for gas from Russia to Europe. “When it comes to our allies and partners, it is fair to say that they will not be surprised by our approaches or broad strategy in this matter, both on Nord Stream 2 and on energy security abroad,” Price concluded.

Recall that Republican senators in the US Congress criticized the position of the Joe Biden administration regarding the Nord Stream 2 gas pipeline. Criticism was caused by a report from the State Department to Congress, which lists a number of companies against which sanctions may be imposed for participating in the construction of the gas pipeline.

As OBOZREVATEL reported:



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