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Firm suspends Nord Stream 2 pipeline work over US sanctions
Source: Associated Press
Firm suspends Nord Stream 2 pipeline work over US sanctions
By GEIR MOULSON
December 21, 2019
BERLIN (AP) — A company that operates ships laying sections of a new German-Russian pipeline said Saturday it is suspending that work after U.S. President Donald Trump signed legislation threatening sanctions.
Trump on Friday signed the bill passed earlier this week by the Senate that provides for sanctions against individuals and companies involved in laying the Nord Stream 2 pipeline under the Baltic Sea from Russia to Germany.
The U.S. has been an outspoken opponent of the pipeline, which will transport natural gas about 1,200 kilometers (750 miles). Along with eastern European countries that also oppose the project, the U.S. government argues that it will increase Europe’s dependence on Russia for energy.
On Saturday, Switzerland-based Allseas, which operates ships laying sections of the undersea pipeline, said in a brief statement that “in anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities.”
The company will “expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant U.S. authority,” it added.
-snip-
By GEIR MOULSON
December 21, 2019
BERLIN (AP) — A company that operates ships laying sections of a new German-Russian pipeline said Saturday it is suspending that work after U.S. President Donald Trump signed legislation threatening sanctions.
Trump on Friday signed the bill passed earlier this week by the Senate that provides for sanctions against individuals and companies involved in laying the Nord Stream 2 pipeline under the Baltic Sea from Russia to Germany.
The U.S. has been an outspoken opponent of the pipeline, which will transport natural gas about 1,200 kilometers (750 miles). Along with eastern European countries that also oppose the project, the U.S. government argues that it will increase Europe’s dependence on Russia for energy.
On Saturday, Switzerland-based Allseas, which operates ships laying sections of the undersea pipeline, said in a brief statement that “in anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities.”
The company will “expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant U.S. authority,” it added.
-snip-
Read more: https://apnews.com/c7e7f8430df21f9fe77acba9549c9106
