U.S. threatens sanctions on Nord Stream 2 as Russia moves to complete pipeline
WASHINGTON – The United States has threatened to sanction any individual or company helping Russia build a controversial natural gas pipeline to Germany as the Kremlin moves to complete the last kilometers of the nearly $11 billion project.
“Get out now – or risk the consequences,” U.S. Secretary of State Mike Pompeo said July 15 during a press conference in Washington announcing the new sanction guidelines for the Nord Stream 2 pipeline.
The State Department essentially removed language that excluded the pipeline from the powerful Countering America’s Adversaries Through Sanctions Act (CAATSA), which was passed in 2017.
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