Report: US Senate may adopt law on sanctions over Nord Stream-2 - Oil & Gas - 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 Senate may adopt law on sanctions over Nord Stream-2

MOSCOW/BRUSSELS, May 14 (PRIME) -- The U.S. Senate may adopt a law introducing sanctions against European companies and ships involved in construction of the Nord Stream-2 natural gas pipeline from Russia to Germany, Foreign Policy magazine reported on Tuesday citing a draft copy of the bill.

The bill, sponsored by Sens. Ted Cruz, a Republican, and Jeanne Shaheen, a Democrat, would sanction companies involved in laying deep-sea pipelines for Russian energy projects, taking direct aim at the Nord Stream 2 pipeline, which has emerged as a major source of tension between the United States and Germany, the report said.

The bill would put under scrutiny two companies that have contracts to lay pipes for Nord Stream 2: Switzerlands Allseas and Italys Saipem, two of only a handful of companies worldwide that operate pipe-laying vessels, the report said.

On Monday, the European Commission responded to a request of the Nord Stream-2 projects operator Nord Stream 2 AG saying its experts were ready to listen to arguments on excluding the project from the new E.U. gas directive.

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 Germanys E.ON and BASF, Royal Dutch Shell, Austrias OMV, and Frances Engie.

End

14.05.2019 09:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.3186 +0.4817 25 may
USD 64.6106 +0.1193 25 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1279.11 +0.29 18:50 24 may
micex 2619.24 +0.02 18:50 24 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 204.50 -2.09 18:49 24 may
lkoh 5240.00 -0.66 18:49 24 may
rosn 423.00 +1.43 18:49 24 may
sber 234.45 +2.25 18:49 24 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.1000 +0.0775 14:59 24 may
USDTD 64.8200 +0.5275 17:44 24 may