Report: US Senators ask president to slap sanctions on N Stream 2 - 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

Report: US Senators ask president to slap sanctions on N Stream 2

MOSCOW/WASHINGTON, Feb 15 (PRIME) -- U.S. Senators James Risch and Jeanne Shaheen have asked President Joe Biden to introduce sanctions against Russian gas pipeline project Nord Stream 2, Bloomberg reported February 12.

"“The U.S. relationship with Germany is a cornerstone of the trans-Atlantic alliance,” the pair wrote. “But allowing the completion of Nord Stream II is not a constructive path forward for this partnership,” they said in a letter.

State Department spokesman Ned Price said that Biden's position is that Nord Stream 2 is a bad deal, and the U.S. will consider the sanctions.

Russia's Deputy Prime Minister Alexander Novak told channel Rossiya 1 that Nord Stream 2 is more than 95% complete, and Russia is sure that it will be finished. He also said that there are no risks that the finished pipeline will remain without use.

"We are sure that in spite of the destructive approaches we see in the U.S., which is making progress of the project more lengthy, it will be built," Novak said. "I do not think that there are these risks, because our European partners are interested and the project complies with the European legislation fully, there is only competition of the U.S. partners who want to ship their liquefied natural gas to Europe. These are nonmarket competition methods in fact."

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. Russian gas giant Gazprom is implementing the project together with Germany’s Unper and Wintershall, Royal Dutch Shell, Austria’s OMV, and France’s Engie.

End

15.02.2021 08:36
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.6447 +0.6177 03 may
USD 92.0538 +0.2747 03 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3477.42 +0.22 18:50 02 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 163.22 0.00 23:50 02 may
lkoh 8085.50 0.00 23:50 02 may
rosn 582.00 0.00 23:50 02 may
sber 307.10 -0.37 19:04 02 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.4850 +0.6900 15:00 02 may
USDTD 92.1050 +0.5500 17:44 02 may