U.S. House approves more sanctions against Nord Stream 2Christian Fernsby ▼ | July 22, 2020
The U.S. House of Representatives has passed an amendment that would impose new sanctions on companies helping Russia complete the Nord Stream 2 natural-gas pipeline to Germany.
U.S. Nord Stream 2
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"An amendment, offered by Mr. Gallego, numbered 13 printed in to clarify and extend sanctions related to the construction of the Nord Stream II pipeline was approved," the report reads.
The NDAA must be approved by the Senate and signed by the president before the new sanctions would become law.
Russia is seeking to complete the construction of the Nord Stream 2 project, which would transport gas to Europe under the Baltic Sea.
European vessels laying the pipeline halted work in December following the first round of U.S. sanctions that specifically targeted their activity.
Russia is hoping to complete it using its own ships, prompting the United States to include the amendment in the NDAA to widen the sanctions beyond vessels to any company.
The project is more than 90% built. It consists of two parallel lines running under the Baltic Sea, each 1,230 kilometers in length.
The nearly $11 billion Nord Stream 2 pipeline, which would have an annual capacity of 55 billion cubic meters a year, would largely reroute gas to Europe around Ukraine, depriving Kyiv of billions of dollars in annual fees.
The United States opposes the project on the grounds that it strengthens the Kremlin's grip on the European energy market and punishes Ukraine, which is battling Russian-backed separatists in its eastern provinces.
Russia has accused the United States of using sanctions as a weapon to boost its energy exports. The United States is seeking to increase liquefied-natural-gas exports to Europe. ■