Trump signs off on sanctions against Nord Stream 2 pipeline

President Donald Trump approved US sanctions against companies involved in building a Russian natural gas pipeline to Germany. US lawmakers fear the project will give Moscow leverage over European allies.

Politics 09:42 21.12.2019

US sanctions targeting the Nord Stream 2 gas pipeline between Russia and Germany were signed into law on Friday evening after President Donald Trump signed off on a massive defense bill, Eurasia Diary reports citing Deutsche Welle.

The sanctions target companies that are involved in constructing the $11 billion (€9.93 billion) energy project that will transport Russian gas supplies under the Baltic Sea and deliver them directly to Germany.

Under the sanctions, the Trump administration now has 60 days to identify companies and individuals providing services on the pipeline. The sanctions allow Washington to revoke US visas and block the property of these individuals. Those targeted by the sanctions would then have 30 days to wind down their operations.

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