Brussels Reporter
  • Home
  • Brussels
  • Europe
    • Europe

      Death of globalization? — EU expansion — Women…

      May 26, 2022

      Europe

      Ukrainian filmmakers of ‘Butterfly Vision’ protest censorship of…

      May 25, 2022May 26, 2022

      Europe

      Giant mural of armed saint painted on Kyiv…

      May 25, 2022May 25, 2022

      Europe

      Ukraine live: Russia throwing everything it has at…

      May 25, 2022May 25, 2022

      Europe

      Documenting war crimes in Ukraine: Survivors describe horrors…

      May 25, 2022May 25, 2022

  • Globe
  • Lifestyle
  • Business

Brussels Reporter

  • Home
  • Brussels
  • Europe
    • Europe

      Death of globalization? — EU expansion — Women…

      May 26, 2022

      Europe

      Ukrainian filmmakers of ‘Butterfly Vision’ protest censorship of…

      May 25, 2022May 26, 2022

      Europe

      Giant mural of armed saint painted on Kyiv…

      May 25, 2022May 25, 2022

      Europe

      Ukraine live: Russia throwing everything it has at…

      May 25, 2022May 25, 2022

      Europe

      Documenting war crimes in Ukraine: Survivors describe horrors…

      May 25, 2022May 25, 2022

  • Globe
  • Lifestyle
  • Business
Home Europe Pipe-laying company suspends Nord Stream 2 work over US sanctions
EuropeFeatured

Pipe-laying company suspends Nord Stream 2 work over US sanctions

by editor December 21, 2019
December 21, 2019

A construction company at the center of a new natural gas pipeline between Russia and Germany suspended work on the project to avoid U.S. sanctions.

Allseas, a Swiss-Dutch offshore energy company laying pipes for the project — known as Nord Stream 2 — made its announcement on Saturday as U.S. President Donald Trump signed off on legislation allowing Washington to issue sanctions on firms involved in the €10 billion pipeline.

“Allseas will proceed, consistent with the legislation’s wind down provision, and expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant U.S. authority,” the company said in a statement.

Maria Zakharova, the spokeswoman for Russia’s foreign ministry, also criticized the American penalties in a post on her own Facebook page, saying that it was not up to Washington to determine if the new pipeline could be built between her country and Germany.

“A state with a public debt of $22 trillion prohibits creditworthy countries from developing the real sector of their economies,” she said, referring to the new sanctions. “Soon, they will soon demand we stop breathing immediately,” she added.

Both the Russian foreign ministry and the group behind the Nord Stream 2 project said they would go ahead with the pipeline regardless of U.S. sanctions, Reuters reported on Saturday.

Angela Merkel, the German chancellor, has also called on Washington to steer clear of interfering in the Russian-Germany project.

Ulrike Demmer, a German government spokeswoman, wrote on Twitter that Berlin had “taken note” of the sanctions decision, adding: “The government rejects such extra-territorial sanctions. They hit German and European businesses and constitute an interference in our internal affairs.”

The White House, which has 60 days to identify companies and individuals involved in the Nord Stream 2 project on which to impose sanctions, says the new pipeline represents a security risk for Europe, an accusation that Berlin has denied.

Source link

previous post
Puigdemont picks up MEP badge after court boost
next post
Trump careens toward a Christmas crisis with North Korea

Related Posts

Slovenian locals urge authorities to tackle crime in...

December 21, 2021

China hits back against damning report by UK...

July 8, 2021

Poland’s senate chief gets hate at home for...

January 9, 2020

Taiwan unveils new passport to emphasise difference with...

September 2, 2020

COVID-19 economic impact will be ‘unprecedented and long-lasting’,...

June 10, 2020

Coronavirus: Italy’s undeclared workers turn to food banks...

May 22, 2020

Stolen church doors return to Cyprus Orthodox Church...

September 16, 2021

What Macron could learn from Valéry Giscard d’Estaing

December 3, 2020

‘Glampervans’: The surprising UK winner of the COVID-19...

August 30, 2020

Albania sends troops and police to end air...

April 7, 2021
Promotion Image

Recent Posts

  • Death of globalization? — EU expansion — Women in Davos
  • Georgia primaries: Trump-backed Perdue trounced by Pence's pick
  • Ukrainian filmmakers of ‘Butterfly Vision’ protest censorship of images of Ukraine war at Cannes
  • Giant mural of armed saint painted on Kyiv building
  • Texas shooting victims: 'The sweetest little boy I've ever known'
Promotion Image

GO!

Lifestyle

  • Scientists are using satellites to count elephants from space for the first time

  • France: Hospital workers demand more resources to fight COVID-19

  • Alexei Navalny: Millions watch jailed critic's 'Putin palace' film

  • Covid vaccine: WHO warns of ‘catastrophic moral failure’

  • Belgium looks good in white

Popular Posts

  • 1

    Covid: Moscow shops and restaurants shut in partial lockdown

    October 28, 2021
  • 2

    Ukraine to hold first war crimes trial over Russia’s invasion

    May 12, 2022
  • 3

    Strikes interrupt Palm Sunday in Kramatorsk, eastern Ukraine

    April 17, 2022

Editor’s Choices

  • Sociopath ING or a blockchain of corruption from a well-known financial group

    May 24, 2021
  • Pfizer, AstraZeneca COVID jabs ‘highly effective’ against India variant, study shows

    May 23, 2021
  • G20 leaders at Rome summit pledge more vaccines for poorer countries

    May 21, 2021

Opinions

  • Death of globalization? — EU expansion — Women in Davos

    May 26, 2022
  • Russian oil sanctions — Stagflation fears — Crypto not dead

    May 25, 2022
  • Belgians are the most stressed drivers in Europe, study says

    May 24, 2022

@2018-2021 - Brussels Reporter (www.brusselsreporter.com). All Right Reserved.