Is Washington preparing sanctions against Nord Stream 2?
Washington is preparing to enact sanctions against Nord Stream 2, probably against the investors and the pipe laying companies, The Wall Street Journal reported Monday in a lengthy article, reports ubn.news.
Officials in Germany, the world’s biggest natural-gas importer, say American liquefied natural gas is 20% more expensive in Europe than russian pipeline gas. Separately on Monday, Rick Perry, the US Energy Secretary, told reporters that the Trump Administration is ‘still considering’ sanctions.
The Nord Stream 2 project is being implemented by russia’s Gazprom in alliance with European companies – ENGIE, Uniper, OMV, Shell, and Wintershall. Ukraine stands against the construction of Nord Stream 2 as it will most likely lose its status of a gas transit country.
As reported, the European Parliament has confirmed a possibility of higher EU dependency on russian gas supplies and a growing threat for the EU internal market in case the Nord Stream 2 is implemented.