US sanctions have failed to halt the construction of the Nord Stream 2 gas pipeline, State Department spokesman Ned Price said. According to him, the administration of US President Joe Biden continues to oppose the implementation of this project, but it decided to abandon further sanctions, including for the sake of restoring relations with Germany.
“The pipeline was over 90% completed when the administration took over in January. Yes, we continue to oppose the pipeline, imposing sanctions on 19 companies and ships associated with the pipeline in May. It is worth mentioning that in total we have imposed sanctions against 19 sites, compared to two sites included in the sanctions of the previous administration. Meanwhile, we admit that the sanctions could hardly have prevented the construction of the gas pipeline, ”Price said (quoted by TASS).
Earlier it was reported that the United States and Germany came to an agreement on the further implementation of the project. Details of the agreement may be published in the coming days. In particular, they will indicate the need to support the energy sector of Ukraine, as well as the inadmissibility of using Russian gas supplies to the EU as a geopolitical “weapon”.
Nord Stream 2 is a gas pipeline running from Russia to Germany along the bottom of the Baltic Sea, bypassing the Baltic states and Poland. The gas pipeline’s capacity is estimated at 55 billion cubic meters. meters of gas per year. Nord Stream 2 AG reported that the pipeline was 95% ready as of March 31. Implementation of the project was slowed down by the imposition of US sanctions, which drew criticism both in Moscow and in Berlin. In particular, Germany has repeatedly called the project purely economic and called on the United States to abandon extraterritorial sanctions. In Moscow, the actions of the United States are called an example of unfair competition, since the Americans want to increase the supply of their own LNG to the EU.