Hot topics | Coronavirus pandemic

Berlin Is Preparing A Response To The Case Of Implementation Of US Threats On The Nord Stream 2

Berlin Is Preparing A Response To The Case Of Implementation Of US Threats On The Nord Stream 2

The German government is preparing measures in case the US actually implements its threats to expand sanctions against the Nord Stream 2 project. This was reported on Thursday by Bloomberg, citing sources in Berlin.

According to him, obtained from two German officials, the government of Chancellor Angela Merkel is considering the possibility of developing coordinated EU actions if the US accepts new sanctions against the project.

The German Economy Ministry in one of its documents indicates that the expansion of restrictive measures by the United States threatens to affect a significant number of German and European companies, banks, as well as civil services, in one way or another associated with the pipeline project, the Agency writes.

The Nord Stream 2 project involves the construction of two lines of a gas pipeline with a total capacity of 55 billion cubic meters per year from the Russian coast through the Baltic sea to Germany. By now, Nord stream 2 is 93% complete. The halt in the project was due to the fact that at the end of December 2019, due to US sanctions, the Swiss company Allseas stopped work on the construction of the gas pipeline and withdrew its vessels.

On June 4, Republicans submitted a bill to the US Senate to expand sanctions on the Nord Stream 2 gas pipeline. As noted by the press service of one of the authors of the initiative, the document "clarifies and expands the sanctions under the law on ensuring energy security in Europe" and is aimed "at blocking the completion of the construction of the gas pipeline."