(News) Biden Announces Sanctions Against Nord Stream 2 Operator

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"Today, I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate members," the US president said.

US President Joe Biden announced on Wednesday that he ordered his administration to impose sanctions against the company Nord Stream 2 AG, operator of the gas pipeline, and its corporate members.

The president has specified that the measure, which also affects the German executive director of the company, Matthias Warnig, has been adopted after Germany announced that it would stop the certification of the gas pipeline, when "close consultations" were held between the two governments on Tuesday.
According to the tenant of the White House, the new penalties approved this day against the operator of Nord Stream 2 "are another part of our initial section of sanctions in response to Russia's actions in Ukraine."

"Since Russia began deploying troops to the Ukraine border, the United States has worked closely with our allies and partners to deliver a strong, unified response," Biden said, noting that Berlin "has been a leader in that effort." and together with Washington "they have closely coordinated" the steps to stop the entry into operation of Nord Stream 2 in the event that "Russia continues to invade Ukraine."

Likewise, in his statements Biden assured that through "his actions" Vladimir Putin "has given the world an overwhelming incentive to move away from Russian gas and adopt other forms of energy", while at the same time thanking the German Chancellor, Olaf Scholz, for his participation and "his continued dedication to holding Russia accountable" for his actions.

The German chancellor announced on Tuesday that he ordered to stop the certification process of the Nord Stream 2 gas pipeline in response to Moscow's decision to recognize the independence of the Donetsk and Lugansk People's Republics, after which friendship, cooperation and assistance agreements were signed. between Russia and both republics.

The following day, the Klimastiftung MV fund, created in Germany and intended to facilitate the completion of the construction of the Nord Stream 2 gas pipeline, gave up its support for the project, while in parallel the German reinsurance company Munich Re decided to cancel its contract related to the pipeline.

News brought by https://actualidad.rt.com/actualidad/421134-biden-anuncia-sanciones-operador-nordstream