Nord Stream 2 is condemned by new US sanctions: Bloomberg



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Nord Stream 2 is condemned by new US sanctions: Bloomberg

Photo: erece.org

Pipeline cost: $ 11.2 billion

The new sanctions will affect insurance and technical certification companies. It will be very difficult to start the gas pipeline.

The United States is preparing additional sanctions against the Russian Nord Stream-2 gas pipeline. Russia will not be able to launch it, even if it manages to complete it. You will not be able to pass the required certification before starting work, writes Bloomberg.

The cost of the gas pipeline, which is supposed to connect Russia with Germany, has already reached $ 11.2 billion. However, the construction of Sevpotok-2 has been frozen for almost a year.

Now it is known that in the United States, representatives of both houses of Congress agreed that the new restrictions will affect insurance and technical certification companies. The new sanctions will be prescribed in an annex to the bill on the defense budget, which will be approved in late 2020.

Recall that the United States imposed sanctions last year that prevented the construction of the last 100 miles of the pipeline.

AllSeas Group did not provide its special vessel to lay the Russian pipeline at the bottom of the Baltic Sea.

The publication believes that the new sanctions will not allow boat operators to obtain insurance and technical certificates that they will need to work in the waters of Denmark.

“From what I understand, if the pipeline certification is banned, it will be very difficult to launch it. Due to the new sanctions, Nord Stream 2 will have to find a certification agency that it would like to be sanctioned,” said Mitch Jennings, senior analyst at Sova. Capital. …

Before that, it became known that the new US sanctions on Nord Stream 2 will affect 120 companies.

Korrespondent.net also wrote that Nord Stream-2 partners have appealed against Poland’s fine.

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