US says still mulls sanctions vs Russia-led Nord Stream-2

WASHINGTON, Dec 11 (PRIME) -- The U.S. is still considering options to introduce sanctions against Russia-led Nord Stream-2 gas pipeline, the U.S. Department of State Bureau of Energy Resources Assistant Secretary Francis Fannon said at a briefing on Tuesday.

The U.S. government has the ability to sanction Russian export energy pipelines under section 232 the Countering America’s Adversaries Through Sanctions Act (CAATSA), he 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. 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.

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