Skip to content

Biden imposes sanctions on companies participating in Nord Stream 2, which links Russia with Germany

The president of United States, Joe Bidenannounced this Wednesday sanctions on the companies that have participated in the construction of the Nord Stream 2 gas pipeline, in retaliation for the actions that Russia has taken in the east of Ukraine.

Biden reported in a statement that the sanctions affect the company in charge of the construction and operation of the gas pipeline, Nord Stream 2 AGand which is registered in Switzerland.

SIGHT: Biden cuts off Russia from the Western financial system and accuses it of having started “an invasion of Ukraine”

That Swiss company is owned by the Russian energy giant Gazpromso the penalties of Biden are directed directly against that Russian entity.

United States for years he had opposed the construction of Nord Stream 2 on the grounds that it would increase Europe’s dependence on Russian gas, but last year Biden allowed the pipeline to be completed by lifting the sanctions he re-imposed on Wednesday.

  • Ukraine decides to implement the state of emergency throughout the country “in the face of Russian aggression”
  • Russia vs. Ukraine: What consequences can Germany’s blockade of the Nord Stream 2 gas pipeline have?
  • How Russia has prepared to face Western sanctions and what real impact they can have on its economy

The US action comes after this Tuesday the German chancellor, Olaf Scholz announced the suspension of the certification process for the gas pipeline, whose construction was completed last year, in response to the Russian recognition of the independence of the self-proclaimed separatist republics of the Ukrainian Donbas.

Biden in his statement he thanked Scholz for his collaboration, since the gas pipeline was vital for Germany, and stated that this is just “another piece” in the “initial” package of sanctions that the US has been preparing for weeks with its allies .

“As I have made clear, we will not hesitate to take further action if Russia continues its escalation.”warned the president.

BidenFinally, he launched a veiled attack on his Russian counterpart, Vladimir Putin, considering that his latest decisions have given the world “an overwhelming incentive” to stop importing Russian gas, oil and other forms of energy, which account for a good part of Kremlin revenue.

The Nord Stream 2, 1,235 kilometers long, was built with the aim of transporting Russian gas directly to Germany without going through Ukraine, which deprived that country of an important source of income since it charged Russia a canon for letting the gas pass through. gas for its territory.

Moscow opted for the construction of the North Stream 2 after the so-called “gas wars” of 2006 and 2009, in which disagreements between Russia and Ukraine -then the main route for Russian gas- caused supply cuts and higher energy prices in Europe.

Biden already announced on Tuesday a first tranche of sanctions against Russia, targeting two financial institutions, Moscow’s sovereign debt, and Russian elites and their relatives.

________________________________

  • They kill el Koki, one of the most wanted and dangerous criminals in Venezuela
  • The Playboy bunny who married an 89-year-old rich man and was left without an inheritance
  • Who was the Koki, the dangerous criminal boss of Cota 905 who was shot down by the Venezuelan police
  • Simon Leviev, the “Tinder scammer” accused of stealing millions from several women he met on the dating app
  • Hunting Pablo Escobar’s hippos, a “necessary option” to control his invasion in Colombia
  • Unusual: they find the body of an old Italian woman on a chair two years after her death

Source: Elcomercio

Share this article:
globalhappenings news.jpg
most popular