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OMV CEO Rainer Seele Demanded To Respond To The Sanctions Against Nord Stream 2

OMV CEO Rainer Seele Demanded To Respond To The Sanctions Against Nord Stream 2

Europe should give a political response to the US intention to impose sanctions on European companies involved in the construction of the Nord Stream 2 gas pipeline, said Rainer Seele, CEO of the Austrian oil and gas company OMV, the Frankfurter Allgemeine Zeitung newspaper reported.

"In any case, as a European company, we expect politicians to ensure that Europe is attractive to investors... We must convince them to invest in Europe. In General, it would be good to clarify this issue, although it would be even better if politicians answered these questions, " he said at a meeting in Vienna.

Ultimately, it is about the extent to which Europe will defend its sovereignty and independence, Seele said.

Both houses of the US Congress have adopted their versions of the next military budget of the country. They provide for sanctions against companies that participate in the construction of Nord Stream 2.

Secretary of state Mike Pompeo said on July 15 that the US authorities have decided to introduce additional restrictive measures against the Nord Stream 2 project and are going to use the measures provided for by the CAATSA law (the Law "On countering America's adversaries through sanctions"). They will affect Nord Stream 2, and part of the Turkish Stream project.