Litwin
Platinum Member
Great news, God bless the USA, will putler´cuckold (trump) stop this gas sanction like he did many times ago ?
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The U.S. Senate has approved a defense bill that will see sanctions imposed on companies working on Russia’s massive flagship gas pipeline project to Germany — but the sanctions might not have much effect given that the Nord Stream 2 pipeline is almost complete.
The Senate voted overwhelmingly to pass the multi-billion dollar billion defense policy bill, formally known as the National Defense Authorization Act (NDAA), on Tuesday. The NDAA covers a broad range of defense policy and military spending.
The annually-set NDAA is also significant for Europe’s energy scene, however, as the 2020 bill also contains provisions to impose sanctions on companies installing deep sea pipelines for Russia’s $10.5 billion Nord Stream 2 (NS2) gas pipeline linking Russia and Germany (via the Baltic Sea).
The pipeline is Russia-led, under the aegis of the country’s state-owned energy giant Gazprom, but has been part-financed by several European energy companies, including Shell, OMV and Engie.
The TurkStream project which stretches from Russia to Turkey, and estimated to cost around $12 billion, was also mentioned in the defense bill but the pipeline is set to launch early January so sanctions would be ineffectual.
Sanctions
The defense bill says that no later than 60 days after it’s enacted, a report should be filed to congressional committees identifying vessels that are “engaged in pipe-laying” for Nord Stream 2. Individuals who are identified as being involved in the projects could also have U.S. visas revoked and see transactions related to U.S. property blocked, although the bill allows a 30-day period for individuals to “wind-down” their operations in the project.
US sanctions on Nord Stream 2 pipeline
@
The U.S. Senate has approved a defense bill that will see sanctions imposed on companies working on Russia’s massive flagship gas pipeline project to Germany — but the sanctions might not have much effect given that the Nord Stream 2 pipeline is almost complete.
The Senate voted overwhelmingly to pass the multi-billion dollar billion defense policy bill, formally known as the National Defense Authorization Act (NDAA), on Tuesday. The NDAA covers a broad range of defense policy and military spending.
The annually-set NDAA is also significant for Europe’s energy scene, however, as the 2020 bill also contains provisions to impose sanctions on companies installing deep sea pipelines for Russia’s $10.5 billion Nord Stream 2 (NS2) gas pipeline linking Russia and Germany (via the Baltic Sea).
The pipeline is Russia-led, under the aegis of the country’s state-owned energy giant Gazprom, but has been part-financed by several European energy companies, including Shell, OMV and Engie.
The TurkStream project which stretches from Russia to Turkey, and estimated to cost around $12 billion, was also mentioned in the defense bill but the pipeline is set to launch early January so sanctions would be ineffectual.
Sanctions
The defense bill says that no later than 60 days after it’s enacted, a report should be filed to congressional committees identifying vessels that are “engaged in pipe-laying” for Nord Stream 2. Individuals who are identified as being involved in the projects could also have U.S. visas revoked and see transactions related to U.S. property blocked, although the bill allows a 30-day period for individuals to “wind-down” their operations in the project.
US sanctions on Nord Stream 2 pipeline