“Nord Stream 2 Pipeline Under Continued ‘Unlawful’ Pressure From the US, Kremlin Says” — by Tim Korso for Sputnik Radio.

“The Kremlin previously described the US threat of sanctions against the international pipeline project led by Russia’s Gazprom as a “blatant cowboy-like raid”. Washington’s sanctions against the pipeline were equally condemned in several European countries interested in its completion.

The Nord Stream 2 project is facing ruthless and unlawful pressure from the United States, Kremlin spokesman Dmitry Peskov has stated. He added that this policy of pressure is continuing and even growing – something that Moscow deeply regrets.

The spokesman elaborated that the Kremlin is studying Washington’s actions against the project and is looking into ways to complete its construction regardless of sanctions pressure.

Nord Stream 2 gas pipeline installation

© SPUTNIK / NORD STREAM 2Nord Stream 2 gas pipeline installation

Separately, the head of the German Bundestag’s Committee on Economic Affairs and Energy, Klaus Ernst, has called the US sanctions against the Nord Stream 2 pipeline unacceptable, adding that they will fail to reach their desired effect. He urged Berlin to summon the US envoy to the country to the Foreign Ministry and “unequivocally” explain to him the German government’s stance on Nord Stream 2 and the US attempts to sanction it.

Klaus Ernst expressed concern that Washington’s policy might not necessarily change under incoming President Joe Biden. The lawmaker suggested that Berlin should introduce hefty tariffs on LNG gas from the US if that turns out to be the case.

Washington to Reportedly Introduce New Nord Stream Sanctions

The statements by the Kremlin spokesman and the German lawmaker come in the wake of a report by the German newspaper Handelsblatt suggesting that Washington plans to slap sanctions on the pipe-laying vessel Fortuna as part of the US attempts to stop the pipeline’s construction. The White House objects to the project, claiming it will increase Europe’s dependency on Russian gas and will purportedly give Moscow leverage. Both Russia and European countries participating in the project rejected these claims

The logo of Swiss insurance company Zurich on the sidewalk outside their office in Lisbon, Portugual Wednesday, Sept. 16, 2020. (AP Photo/Armando Franca)

© AP PHOTO / ARMANDO FRANCASwiss Insurance Giant Reportedly Pulls Out of Nord Stream 2 Amid Threat of US Sanctions

Washington suggested the EU should buy foreign liquefied natural gas instead of less expensive Russian pipeline gas, openly offering American and Israeli LNG as possible options. The main benefactors of the international project, such as Germany, refused to give up hope on Nord Stream 2, which is at least 90% complete. US sanctions, however, might hinder attempts to certify the pipeline upon completion since companies engaged in the process also risk facing sanctions.

Credit: Sputnik Radio: Tim Korso: Source: https://sputniknews.com/business/202101191081812790-nord-stream-2-pipeline-under-continued-unlawful-pressure-from-the-us-kremlin-says/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s