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You are here : World News – Russian opinion» Economy» US expands sanctions towards Russia’s Nord Stream 2 fuel pipeline

US expands sanctions towards Russia’s Nord Stream 2 fuel pipeline

Posted By Russian Opinion. Under Economy  Tags: Against, expands’, Nord, pipeline, Russia's, sanctions, Stream  

The US State Division stated on Tuesday it has prolonged the sanctions towards the Nord Stream 2 mission to corporations that present providers or funds to improve or set up gear on ships for laying the fuel pipeline.

“Such actions topic to sanctions pursuant to PEESA (the Defending Europe’s Vitality Safety Act of 2019) or different authorities might embrace, however aren’t restricted to, offering providers or services for upgrades or set up of kit for these vessels, or funding for upgrades or set up of kit for these vessels,” the State Division stated on its web site.

The US administration has repeatedly criticized and threatened to impose sanctions on the Nord Stream 2 pipeline, aiming to derail the mission that may carry Russian pure fuel to Germany by way of the Baltic Sea.

On the similar time, Washington plans to spice up gross sales of American liquefied pure fuel (LNG) to Europe. US Secretary of State Mike Pompeo informed Germany’s Bild final month that Washington is making a coalition to hamper the Russia-led mission.

Additionally on rt.com

A valve at the end point of the North Stream 2 pipeline close to Lubmin
US goals for fuel domination in Europe, Ukrainian MP says. Nord Stream 2 is 1st goal, then current European pipeline system

The brand new pipeline, which was designed to spice up fuel provides to Germany and different European states by 55 billion cubic meters (bcm) per 12 months, is at the moment nearing completion within the Baltic Sea. Russia needed to dispatch its personal vessels to put the ultimate kilometers of the route, after Swiss-Dutch firm Allseas withdrew its ships as a result of risk of US sanctions in December 2019.

For extra tales on economic system & finance go to RT’s enterprise part

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