GUIDANCE

The Existential Danger to Nord Stream 2 of a Renewed U.S. Sanctions Push

May 21, 2019 | 21:43 GMT

A section of pipe hangs from a crane at a construction site of the Eugal gas pipeline in Germany, which will transport natural gas arriving from Russia through the Nord Stream 2 pipeline.

The United States has long considered obstructing the Nord Stream 2 pipeline, which would have the capacity to send 55 billion cubic meters of Russian natural gas directly to Germany by way of the Baltic Sea -- bypassing Poland, the Baltic states and Ukraine.

(SEAN GALLUP/Getty Images)

The United States has long considered obstructing the Nord Stream 2 pipeline, which would have the capacity to send 55 billion cubic meters of Russian natural gas directly to Germany by way of the Baltic Sea. However, a recent statement from U.S. Energy Secretary Rick Perry has now offered the strongest indication yet that Washington could be getting serious about sanctioning the roughly $11 billion project....

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