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US about to slap disobedient European firms with sanctions over Russian gas project

June 4th, 2018
Categories: News

Link: https://www.rt.com/business/428651-us-nord-stream-firms-sanctions/

The White House is on the verge of introducing penalties against companies engaged in the construction of the Nord Stream 2 gas pipeline, which will deliver Russian natural gas to the EU across the Baltic Sea.

The US government is planning to sanction European corporations that joined the pipeline project, which is led by Russian state-owned energy giant Gazprom, three sources close to the issue told Foreign Policy news magazine. Apart from Gazprom, the project is being undertaken by German energy firms Wintershall and Uniper, French multinational Engie, British-Dutch oil and gas giant Royal Dutch Shell, and Austrian energy company OMV.

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