USA may impose sanctions against companies engaged in Nord Stream 2 construction

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USA may impose sanctions against companies engaged in Nord Stream 2 construction
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Sandra Oudkirk, Deputy Assistant Secretary of State for Energy Diplomacy, said at a meeting with reporters in Germany that companies involved in the construction of the Nord Stream 2 gas pipeline may be subject to US sanctions.




According to Bloomberg, Sandra Oudkirk has explained that this move can be taken under CAATSA law, according to which restrictions can be imposed on any Russian energy projects. She has specified that this means that any pipeline construction project in the world could potentially be under sanctions.

The Deputy Assistant Secretary of State has stressed that the United States is opposed to the implementation of the Nord Stream 2 project on the basis of national security considerations since the Russian side allegedly can install tracking devices along the whole route of the gas pipeline. At the same time, Oudkirk has not specified what kind of devices are in question.



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