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.