Germany, EU decry US Nord Stream sanctions
US sanctions targeting the Nord Stream 2 gas pipeline
between Russia and Germany became law on Friday evening after President Donald
Trump signed off on a massive defense bill.
The sanctions target companies involved in constructing the
$11 billion (€9.93 billion) energy project, which will transport Russian gas
under the Baltic Sea and deliver it directly to Germany.
The Trump administration now has 60 days to identify
companies and individuals providing services for the pipeline. The sanctions
allow Washington to revoke US visas and block the property of these
individuals. Those targeted by the sanctions would then have 30 days to wind
down their operations.
One of those companies, Allseas of Switzerland, which is
laying the pipeline, announced just hours after the sanctions were signed into
law that it had "suspended its Nord Stream 2 pipelay activities."
On Saturday, the group behind the pipeline said it would aim
to complete the project quickly in an effort to minimize the damage of US
sanctions.
"Completing the project is essential for European
supply security. We, together with the companies supporting the project, will
work on finishing the pipeline as soon as possible," Nord Stream 2 said in
a statement.
The bill describes Nord Stream 2 as a "tool of coercion
and political leverage" that Moscow could use against Berlin — and says it
risks significantly weakening US ties to Germany and other European allies.
US lawmakers in both houses of Congress overwhelmingly
approved the sanctions.
German Chancellor Angela Merkel's government has condemned
the measures, urging the US not to meddle in European energy policy. "They
affect German and other European businesses, and we see the move as meddling in
our internal affairs," a government spokeswoman said.
Finance Minister Olaf Scholz called the sanctions "a
severe intervention in German and European internal affairs."
The sanctions are also opposed by the European Union. A
spokesman slammed "the imposition of sanctions against EU companies
conducting legitimate business."
Russian President Vladimir Putin has already vowed to
continue with the project and has threatened "reciprocal" measures.
Russian Foreign Ministry spokeswoman Maria Zakharova accused the United States
of pushing an ideology that hindered global trade, adding on her Facebook page:
"Soon they will demand that we stop breathing."
Ahead of the sanctions being signed into law, Swiss-Dutch
company Allseas suspended its pipe-laying activities. The company was hired by
Russian state-owned energy giant Gazprom to build the offshore section.
The pipeline was expected to become operational in the next
few months, although the completion date for the project has now been thrown
into doubt.
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