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US House of Representatives supports sanctions against N Stream 2

WASHINGTON, Dec 12 (PRIME) -- The U.S. House of Representatives approved a symbolic resolution opposing Gazprom’s U.S. $11 billion Nord Stream 2 natural gas pipeline, on concerns that the project will boost the Kremlin’s control over Europe’s energy supplies, the authority said in a Twitter post on Wednesday.

The bill said that the pipeline is a “drastic step backwards for European energy security and U.S. interests.” It urged President Donald Trump to take any feasible measures to ensure the energy security of Europe. The bill declared opposition to the pipeline project.

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 will implement the project together with Germany’s E.ON and BASF, Royal Dutch Shell, Austria’s OMV, and France’s Engie.

End

12.12.2018 08:31
 
 
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