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Germany stands against sanctioning Nord Stream 2 companies

The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, - Reuters
08:06, 23 May 2019

Nord Stream 2
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Germany’s Government did not support the U.S. intentions to impose sanctions against the companies related to the construction of Nord Stream 2 through the Baltic Sea. Press secretary of the country's Economy Minister said that, Reuters reported.

“The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect,” the news agency reads.

Related: U.S. plans to impose sanctions against Nord Stream 2

Rick Perry, the U.S. Energy Secretary, said that “a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant future”.

As it was reported earlier, the Chancellor of Germany Angela Merkel stated that the European Commission would not be able to block the construction of Nord Stream 2 gas pipeline.

Related: U.S. and UK jointly oppose Nord Stream 2

Ukraine is adamantly opposed to the construction by calling it politically motivated and suggesting the EU to create a consortium with the involvement of European companies to manage the existing more efficient transportation route through Ukraine. A number of EU countries have expressed their disagreement with the Nord Stream 2 project in particular Poland and Lithuania.

Ukraine news on 112.international

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