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US Imposes Sanctions on 3 Russian Entities, 13 Vessels Involved in Construction of Nord Stream 2

© Sputnik / Eugal press service / Go to the photo bankIn this handout photo released by the press-service of Eugal, a view shows the Eugal pipeline, in Germany. The Eugal pipeline, which will receive gas from Nord Stream 2 in the future, has reached full pumping capacity, and the second line of the pipeline has been introduced. European gas pipeline link (EUGAL) is a 480km-long natural gas transport network being developed in order to strengthen the supply of natural gas to Germany and Europe.
In this handout photo released by the press-service of Eugal, a view shows the Eugal pipeline, in Germany. The Eugal pipeline, which will receive gas from Nord Stream 2 in the future, has reached full pumping capacity, and the second line of the pipeline has been introduced. European gas pipeline link (EUGAL) is a 480km-long natural gas transport network being developed in order to strengthen the supply of natural gas to Germany and Europe. - Sputnik International, 1920, 21.05.2021
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Earlier in the week, the US State Department rolled out a mandatory report to Congress, listing entities and vessels subject to American sanctions for their involvement in the construction of the Nord Stream 2 pipeline.

The United States on Friday imposed sanctions on 3 Russian entities and 13 vessels over their participation in the Nord Stream 2 project, according to the Department of Treasury.

Among the sanctioned vessels are the Akademik Cherskiy, the Vladislav Strizhov, the Yury Topchev and the Baltiyskiy Issledovatel, along with others. The sanctioned companies are Russia's Marine Rescue Service, Mortransservice, and the Samara Heat and Energy Property Fund. 

Certain transactions with Marine Rescue Service, however, will still be allowed, despite sanctions.

"All transactions and activities prohibited by [the sanctions]… involving Federal State Budgetary Institution Marine Rescue Service (MRS), or any entity in which MRS owns, directly or indirectly… that are not related to the construction of the Nord Stream 2 pipeline project, the TurkStream pipeline project, or any project that is a successor to either such project, are authorized," the Treasury Department said.

The move to impose sanctions on Russian entities and vessels involved in the construction of Nord Stream 2 comes shortly after the US State Department issued a report under Protecting Europe's Energy Security Act (PEESA), listing those involved in the pipeline project.

The Biden administration also moved to waive sanctions against the Nord Stream 2 AG corporation and its CEO, Matthias Warnig, with US State Secretary Antony Blinken saying that the decision is in the US "national interest".

© Sputnik / Ilya Pitalev / Go to the photo bankNord Stream 2
US Imposes Sanctions on 3 Russian Entities, 13 Vessels Involved in Construction of Nord Stream 2 - Sputnik International, 1920, 21.05.2021
Nord Stream 2

Nord Stream 2 is a gas pipeline slated to deliver up to 55 billion cubic metres of Russian natural gas to Europe annually. However, the project has met strong opposition from the United States, with Washington claiming that the endeavour threatens European energy security and suggesting its own liquefied natural gas output as a purchase alternative.

EU countries, particularly Germany, argue that it is not up to Washington to make decisions on European energy security, defending Nord Stream 2 even in the wake of US sanctions. 

Moscow has repeatedly underlined that the project is purely economic, and the way in which the White House opposes it is an example of unfair competition.

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