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The US prepares new sanctions against Nord Stream 2

Several companies are exempt from sanctions because they are curtailing their work on the gas pipeline, while other companies may be subject to new measures.

The US State Department announced the violation of US sanctions by the Russian pipe-laying vessel Fortuna and its owner KVT-RUS. This indicates the possibility of a new round of US sanctions against the construction of the Nord Stream 2, Bloomberg reports.

The report, published late on Friday, February 19, also lists other organizations that have been exempt from sanctions because they are scaling back their work on Nord Stream 2.

“It is noteworthy that the report approved by the Congress does not contain any German or other European organizations that also help in the construction of the pipeline,” the newspaper writes.

The publication notes that such a decision by the United States confirms the intention not to challenge Germany, which supports the construction of the gas pipeline. At the same time, the Biden administration — like the Trump administration before it — opposes the pipeline, calling it a “bad deal” for European energy security.

The State Department report was due on February 16, but the Biden administration said it needed a little more time to sort through the intelligence to determine which ships, people, and other organizations were helping with the pipeline project.

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