https://sputnikglobe.com/20211122/us-imposes-sanctions-on-two-vessels-one-entity-as-targets-over-nord-stream-2-1090938811.html
US Imposes Sanctions on Two Vessels, One Entity as Targets Over Nord Stream 2
US Imposes Sanctions on Two Vessels, One Entity as Targets Over Nord Stream 2
Sputnik International
The United States has imposed further sanctions in connection to the Nord Stream 2 pipeline. 22.11.2021, Sputnik International
2021-11-22T21:20+0000
2021-11-22T21:20+0000
2021-11-23T02:49+0000
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United States Secretary of State Anthony Blinken said on Monday that two vessels and the Russian-linked company, Transadria Ltd, will face sanctions over their involvement in the completion of the Nord Stream 2 pipeline. PEESA, Protecting Europe's Energy Security Act, is a national defense act that aims to curtail Russia's use of energy exports for coercive purposes. The United States, Ukraine, and other Eastern European nations have opposed the expansion of Baltic Sea pipelines. In response to the development, Russian Ambassador to the United States Anatoly Antonov blasted the move as being completely unacceptable.Nord Stream 2 is a natural gas pipeline that runs under the Baltic Sea and links Russia to Germany. Construction of the pipeline began in 2018 and was completed in September of 2021 after the US eased sanctions in May 2021. The project was preceded by an original Nord Stream gas pipeline that began in 2011 and was completed in 2012. The introduction of a second Nord Stream pipeline is estimated to double the gas exportation capacity to 3.9 trillion cubic feet. The United States reportedly eased sanctions related to the construction of Nord Stream 2 to improve their relationship with Germany. Germany, outside of Russia, was the nation most eager to complete the project. The expansion of the Nord Stream pipelines will provide Germany and Western Europe with cheap natural gas. Transporting natural gas through overland pipelines is more costly because Eastern European countries charge fees for its passage.
https://sputnikglobe.com/20211122/ukraine-accuses-russia-of-using-nord-stream-2-certification-as-weapon-in-hybrid-war-1090926341.html
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US Imposes Sanctions on Two Vessels, One Entity as Targets Over Nord Stream 2
21:20 GMT 22.11.2021 (Updated: 02:49 GMT 23.11.2021) The United States has imposed further sanctions in connection to the Nord Stream 2 pipeline.
United States Secretary of State Anthony Blinken said on Monday that two vessels and the Russian-linked company, Transadria Ltd, will face sanctions over their involvement in the completion of the Nord Stream 2 pipeline.
Blinken said in a statement, “The Department of State has submitted a report to Congress pursuant to the Protecting Europe’s Energy Security Act of 2019 (PEESA), as amended. The report lists two vessels and one Russia-linked entity, Transadria Ltd., involved in the Nord Stream 2 pipeline. Transadria Ltd. will be sanctioned under PEESA, and its vessel, the Marlin, will be identified as blocked property.”
PEESA,
Protecting Europe's Energy Security Act, is a national defense act that aims to curtail Russia's use of energy exports for coercive purposes. The United States, Ukraine, and other Eastern European nations have opposed the expansion of Baltic Sea pipelines.
In response to the development, Russian Ambassador to the United States Anatoly Antonov blasted the move as being completely unacceptable.
"Dialogue through sanctions is unacceptable and violates international law," he said in a statement posted on the diplomatic mission's Facebook page. "We regard all attempts against Russian oil and gas exports to Europe as unfair competition that undermines the principles of a free market."
Nord Stream 2 is a natural gas pipeline that runs under the Baltic Sea and links Russia to Germany. Construction of the pipeline began in 2018 and was completed in September of 2021 after the US eased sanctions in May 2021.
The project was preceded by an original Nord Stream gas pipeline that began in 2011 and was completed in 2012. The introduction of a second Nord Stream pipeline is estimated to double the gas exportation capacity to 3.9 trillion cubic feet.
22 November 2021, 13:06 GMT
The United States reportedly eased sanctions related to the construction of Nord Stream 2 to improve their relationship with Germany. Germany, outside of Russia, was the nation most eager to complete the project.
The expansion of the Nord Stream pipelines will provide Germany and Western Europe with cheap natural gas. Transporting natural gas through overland pipelines is more costly because Eastern European countries charge fees for its passage.