New US sanctions do not interfere with completion of Nord Stream-2, - Die Welt

Source : 112 Ukraine

Only a ban on most works in the Baltic Sea in July-August due to cod spawning can stop laying of the pipeline
10:54, 20 June 2020

Open source

The new sanctions planned by the United States will not prevent the Russian concern Gazprom from completing the construction of the Nord Stream-2 gas pipeline, which runs along the bottom of the Baltic Sea to Germany. German newspaper Die Welt did this conclusion.

Only the ban on most works in the Baltic Sea in July-August due to spawning of cod during this period can stop the laying of the pipeline, the newspaper notes.

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The Russian pipe-laying vessel Akademik Cherskiy has come a long way: in February the ship left the port of Nakhodka in eastern Russia, then circled the extreme southern point of Africa and moored on the island of Rügen, in the port of Sassnitz this month. There, the team is preparing a mission that has global political significance. The ship should lay the last part of the Nord Stream-2 pipeline at the bottom of the Baltic Sea.

The completion of the pipeline became possible after the transfer of the Akademik Cherskiy vessel, previously owned by Gazprom Fleet LLC, to the ownership of the Samara Thermal Energy Property Fund (STIF), which is engaged in the rental and management of real estate. All fund activities are carried out within the borders of the Russian Federation. Therefore, US sanctions against him will not be valid.

U.S. Congress's Republicans and Democrats drafted legislation against the final completion of Nord Stream-2, which would impose sanctions on companies that are involved not only in laying the pipeline, but also insurance and underwriting services related to the project.

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