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meThere are movements in the conflict over the Nord Stream 2 gas pipeline between Russia and Germany. However, it is not clear whether they harm or benefit the project. The United States has long threatened sanctions because the project would increase Europe’s dependence on Moscow and hurt market opportunities for American liquefied gas. A new Congressional bill on the defense budget now stipulates that there should be no sanctions against governments like Germany that allow Nord Stream 2.
Katharina wagner
Business Correspondent for Russia and the CIS based in Moscow.
The draft, on which the Senate and the Chamber of Deputies have agreed, also makes it clear that companies can only be sanctioned if the responsible governments have been previously consulted. From the point of view of Nord Stream 2 fans, both changes are a step in the right direction. On Friday, it was said that suspended laying work on the pipeline system would soon resume.
