US will continue to impose sanctions on Russian companies for Nord Stream 2 – Sullivan – Business & Economy

NEW YORK, June 20. / TASS /. The United States will continue to impose sanctions on Russian companies participating in the Nord Stream 2 project, US National Security Advisor Jake Sullivan said on Sunday.

“We have, in fact, sanctioned several Russian entities with regard to Nord Stream 2,” he said. CNN. “We only lifted the sanctions out of 2, and they weren’t Russian. It was a German individual and a Swiss company… When President Biden took office, Nord Stream 2 was 90% complete. happened under the Trump administration. The question we were asked was are we going to proceed, directly, using our sanctioning power, our European allies and friends, and there President Biden said that I was not not ready to do it. ” According to Sullivan, Biden will continue to impose restrictions on Russian organizations involved in the construction of the Nord Stream 2 pipeline every 90 days.

Nord Stream 2 is an international project to build a gas pipeline that will cross the bottom of the Baltic Sea from the Russian coast to Germany bypassing transit states, such as Ukraine, Belarus, Poland and other Eastern European and Baltic countries.

The new 1,230 kilometer pipeline, following essentially the same route as Nord Stream, crosses the economic zones and territorial waters of five countries, namely Russia, Finland, Sweden, Denmark and Germany.

Work on the project was suspended in December 2019 after Allseas, a Swiss company laying pipes for the Nord Stream 2 gas pipeline, suspended pipe-laying work due to possible US sanctions and recalled its ships. Work resumed in December 2020.

On May 21, 2021, the United States imposed sanctions against 13 Russian vessels and three Russian organizations participating in the project. On May 19, US Secretary of State Antoy Blinken confirmed that Washington had lifted restrictions on Nord Strean 2 AG, the operator of the project, and its managing director, Matthias Warnig, which, according to his terms, was in the national interest of the United States.

The Russian side has repeatedly stressed that Nord Stream 2 is not a commercial project and is implemented jointly with European partners. Russian President’s press secretary Dmitry Peskov expressed resentment over attempts by a number of countries to tie the future of the project to political circumstances.

Germany sees Nords Stream 2 as an economic project and supports it.

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