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Washington may sanction companies participating in the Nord Stream 2 gas pipeline project in the coming weeks. The Wall Street Journal reported. citing a number of US officials.
In July. US President Donald Trump said he found it unacceptable that Germany was paying billions for Russian gas and planning to build a new pipeline Nord Stream 2. while the United States had to defend it as a NATO ally. spending much more than Berlin on defense.
As the White House officials told the newspaper. a new package of restrictive measures is currently being discussed by the US government as Washington’s attempts to halt construction of Nord Stream 2 have fallen short.
The gas pipeline project is currently on the agenda of the talks between Russian President Vladimir Putin and German Chancellor Angela Merkel.
Nord Stream 2 is a joint venture of Russian energy giant Gazprom and France`s Engie. Austria’s OMV AG. UK-Denmark’s Royal Dutch Shell. and Germany`s Uniper and Wintershall.
The pipeline will run under the Baltic Sea from the Russian coast to a hub in Germany. and have an annual capacity of 55 billion cubic meters. The pipeline is expected to be put into operation by the end of 2019.
