What Happened: A U.S. sanctions bill to target the Nord Stream 2 pipeline project could soon come into effect, according to U.S. Energy Secretary Rick Perry, Reuters reported May 21.
Why It Matters: The United States has long been considering sanctioning the pipeline project, which would send Russian natural gas directly to Germany — bypassing Poland, the Baltic states and Ukraine. Perry's statement comes after four U.S. senators introduced legislation on May 15 to impose financial and travel sanctions on companies and individuals involved in the project.
Background: The bill would place automatic sanctions on any pipe-laying vessel, or anyone facilitating the use of such vessels, for the construction of Russian offshore energy export pipelines.
- EU: Germany Might Take the Lead in Negotiations With Russia on Nord Stream 2 (Feb. 8, 2019)
- In Europe, a Growing Push To Escape the Shadow of the U.S. (Aug. 22, 2018)
- The U.S. Casts a Suspicious Eye on Nord Stream 2 (May 24, 2018)