Companies that work on Nord Stream-2 still under sanction threat - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Companies that work on Nord Stream-2 still under sanction threat

HOUSTON, Mar 15 (PRIME) – The companies building with Russia the Nord Stream-2 natural gas pipeline are under the threat of the U.S. sanctions, U.S. Deputy Secretary of Energy Dan Brouillette told reporters late on Thursday on the sidelines of the CERA Week conference.

A decision whether to impose sanctions or not is for the U.S. State Department to make, not for the Energy Department, he said, adding that the companies who are doing business on this pipeline “are at risk of sanctions.”

But German ambassador to the U.S. Emily Haber told PRIME that Germany does not fear the U.S. sanctions. “We have not yet come to that,” she said.

The Nord Stream-2 project envisages construction of two lines of a natural gas pipeline with an annual capacity of up to 55 billion cubic meters, running from the Russian shore to Germany under the Baltic Sea. Gazprom will implement the project together with Germany’s E.ON and BASF, Royal Dutch Shell, OMV, and France’s Engie.

End

15.03.2019 08:43
 
 
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