JRL NEWSWATCH: “U.S. Sanctions Against Nord Stream 2 Pipeline: Strategic Hit Or Miss?” – Forbes/ Anna Mikulska

Gas Flame file photo

“… the U.S. Senate Foreign Relations Committee advanced a bill that would impose sanctions on the Nord Stream 2 (NS2) pipeline … currently under construction … [that] could bring up to 55 billion cubic meters of Russian natural gas directly to Germany. … American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov[T]he House of Representatives’ Foreign Affairs Committee approved a companion bill. The rationale for the sanctions (beyond U.S. retribution for Russian meddling in the U.S. elections): European energy security concerns and protecting Ukraine’s stability. … NS2 would allow Gazprom … to circumvent … Ukraine. … There is a distinct rift within the EU [over] whether the pipeline is an exclusively a market-oriented project (the perspective of much of Western Europe) or … designed to expand Russian dominance as Europe’s natural gas supplier … to serve geopolitical goals (the perspective of most of Central and Eastern Europe (CEE)). …”

Click here for: “U.S. Sanctions Against Nord Stream 2 Pipeline: Strategic Hit Or Miss?” – Forbes/ Anna Mikulska

 

Comment