US warns entities involved in Nord Stream 2 to abandon work
On the 18th March, the US State Department reiterated its warning that any entity involved in Russia’s Nord Stream 2 offshore pipeline project risks US sanctions and should immediately abandon work on the pipeline.
The US Secretary of State, Antony Blinken, said: “As the President has said, Nord Stream 2 is a bad deal — for Germany, for Ukraine, and for our Central and Eastern European allies and partners”.
Mr Blinken noted that the Department is tracking efforts to complete the Nord Stream 2 pipeline and is evaluating information regarding entities that appear to be involved.
“As multiple US administrations have made clear, this pipeline is a Russian geopolitical project intended to divide Europe and weaken European energy security. The sanctions legislation Congress passed in 2019 and expanded in 2020 has significant support from a bipartisan Congressional majority”, Mr Blinken said.
Mr Blinken also added that the Biden Administration is committed to complying with that legislation.
The Department reiterates its warning that any entity involved in the Nord Stream 2 pipeline risks US sanctions and should immediately abandon work on the pipeline”, he concluded.
reported in February 2021, US oilfield services provider Baker Hughes, AXA Group, and 16 other companies have already abandoned work on the Gazprom-led Nord Stream 2 project and will not be sanctioned by the US.
Source: Offshore Energy Today