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US sanctions cannot stop the construction of the "Nord stream 2" - Bloomberg

Digest

the Construction of "Nord stream-2" is almost completed. As of November 2019 is more than 80 percent of the pipeline. In early December, the work has accelerated.

US sanctions cannot stop the construction of the "Nord stream 2" - Bloomberg

Sanctions against pipeline "Nord stream 2" included in the draft defense budget of the United States in 2020 will only be able to slow down some, but not stop its construction, said in comments to Bloomberg.

In particular, the sanctions regime is intended to apply to the court engaged in the construction of the "Nord stream 2" and "Turkish stream", and also on people and organizations that provide them.

At the same time, according to the Agency, the state Department and the U.S. Treasury will have 60 days to prepare the lists. Then another 30 days will be given to the defendants in the list, to make a decision on further participation in projects.

the sanctions project prepared by the Republican Senator Ted Cruz and democratic Senator Jeanne Shaheen. Us lawmakers hope to approve the defense budget before leaving Congress for the holidays December 20, and US President, Donald trump has promised to sign it.

"Nord stream 2" will be held on the Baltic sea, connecting suppliers in Russia customers in Europe. With a throughput capacity of 55 billion cubic meters of gas per year. The project cost is estimated at nearly 10 billion euros. The founder and owner of a controlling stake in the company-the operator of project Nord Stream AG is 2 "Gazprom". The consortium also includes the French Engie, Austria's OMV, British-Dutch Royal Dutch Shell, the German Wintershall and Uniper.

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