Air Freight News

Democrats urge Biden to act faster on Nord Stream 2 sanctions

Two influential Democratic lawmakers are urging the Biden administration to speed up the process of imposing new sanctions to block construction of the Nord Stream 2 pipeline from Russia to Germany.

Foreign Relations Committee Chair Bob Menendez of New Jersey and committee member Jeanne Shaheen of New Hampshire said the project, if completed, would give Russian President Vladimir Putin too much control over Europe’s energy supply.

“We urge you to use all the tools available to stop the pipeline’s construction,” the senators wrote in the letter sent Tuesday.

Secretary of State Antony Blinken has said that President Joe Biden believes the pipeline, which is nearly finished, is a “bad deal” for Europe. The White House is considering additional sanctions to block its completion, potentially including the project’s parent company Nord Stream 2 AG, according to three people familiar with the matter.

U.S. lawmakers from both parties have been pressing the Biden administration to take stronger action to stop Gazprom PJSC’s project after a congressionally-mandated report released last month named only one vessel—the Russian-flagged Fortuna—as subject to sanctions.

There’s concern in the U.S. and some European countries that the pipeline, which is almost complete, could increase the Kremlin’s leverage over Germany and other North Atlantic Treaty Organization allies.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/CARBONCAPTURE-SHELL_1.JPG
Shell starts production at Whale in the US Gulf of Mexico
View Article
https://www.ajot.com/images/uploads/article/Rystad_chart_1_5.jpg
European gas prices fall despite Norwegian outage - Rystad Energy’s Gas and LNG Market Update
View Article
Hycamite is getting ready for the next growth steps

A successful investment round completed with long-term equity commitments of high-quality investors

View Article
https://www.ajot.com/images/uploads/article/Preem_s_IsoCracker_plant.png
Alleima supplies Preem in the green transition of the aviation industry
View Article
https://www.ajot.com/images/uploads/article/tiffany_3_displayed.jpg_copy_.jpg
CBP officers seize counterfeit Tiffany & Co. jewelry
View Article
https://www.ajot.com/images/uploads/article/savage-crude-by-rail-terminal.jpg
Savage Wellington Transload Terminal to provide Utah crude-by-rail connection
View Article