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Biden Administration Suggests No New Sanctions For Nord Stream 2 Pipeline Project

February 20, 2021

A Biden administration official suggested Friday that the United States wasn’t planning to sanction Russia over Nord Stream 2, drawing pushback from legislators. Nord Stream 2 is a project aimed at connecting Russia and Germany through offshore natural gas pipelines. Russia would then be able to better provide natural gas to European nations. “The Nord Stream 2 Pipeline will transport natural gas into the European Union to enhance security of supply, support climate goals and strengthen the internal energy market,” the project’s website states, alleging the union “needs reliable, affordable, and sustainable new gas supplies” because its “domestic gas production is in rapid decline.” The United States has long opposed the project, asserting it would allow Russia to pressure countries if it could cut off energy from them. State Department spokesman Ned Price reiterated that view in Washington on Friday, but indicated President Joe Biden’s administration is reluctant to impose … Read More

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