U.S. senators offer bill targeting Russia-Germany pipeline
15 May 2019

A group of Republican and Democratic U.S. senators introduced legislation on Tuesday seeking sanctions targeting the Nord Stream 2, a planned gas pipeline from Russia to Germany under fire from the United States and some European Union countries.

The bill introduced by Republican Senators Ted Cruz, John Barrasso and Tom Cotton and Democrat Jeanne Shaheen, seeks to impose travel and financial sanctions on companies and individuals involved in constructing the pipeline.

The legislation reflects continued U.S. concerns over Russian influence in Europe, but the measure is many steps from becoming law. It would need to pass both the Senate and House of Representatives and be signed by President Donald Trump to go into effect.

The Nord Stream 2 project is led by the Russian state-owned gas company Gazprom, with funding from Germany’s Uniper and BASF unit Wintershall, Anglo-Dutch firm Shell, Austria’s OMV and France’s Engie.

Opponents of the 11-billion-euro ($12 billion) project worry its construction will increase European reliance on Russian energy. Trump has accused Germany of being “captive” to Moscow because of its dependence on Russian energy, and urged that the project be halted.

By Patricia Zengerle and Tim Gardner, Reuters, 14 May 2019

Read more at Reuters

Photo: BoH [CC BY-SA 3.0], via Wikimedia Commons

Read more:

Russia Sanctions: the Exception, or the Rule?

Quick take: Understanding the EU’s sanctions against Russia

Sanctions: The new ‘Deripaska Rule’ – a twist to regulation?

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