Support The Moscow Times!

U.S. Senators Introduce Bill Targeting Russia-Germany Pipeline

Stefan Sauer / DPA / TASS

A group of Republican and Democratic U.S. senators introduced legislation on Tuesday seeking sanctions targeting the Nord Stream 2, a planned gas pipeline from Russia to Germany under fire from the United States and some European Union countries.

The bill introduced by Republican Senators Ted Cruz, John Barrasso and Tom Cotton and Democrat Jeanne Shaheen, seeks to impose travel and financial sanctions on companies and individuals involved in constructing the pipeline.

The legislation reflects continued U.S. concerns over Russian influence in Europe, but the measure is many steps from becoming law. It would need to pass both the Senate and House of Representatives and be signed by President Donald Trump to go into effect.

The Nord Stream 2 project is led by the Russian state-owned gas company Gazprom, with funding from Germany's Uniper and BASF unit Wintershall, Anglo-Dutch firm Shell, Austria's OMV and France's Engie.

Opponents of the 11-billion-euro ($12 billion) project worry its construction will increase European reliance on Russian energy. Trump has accused Germany of being "captive" to Moscow because of its dependence on Russian energy, and urged that the project be halted.

But gas by pipeline from Russia offers Germany, the biggest economy in Europe, and other countries in the region a cheaper option for fuel than liquefied natural gas from the United States and other producers.

Germany also wants to reduce its reliance on coal and nuclear energy.

The pipeline, which would carry gas straight to Germany under the Baltic Sea, has also been criticized because it would deprive Ukraine of lucrative gas transit fees, potentially making Kiev more vulnerable.

Washington has touted liquefied natural gas, delivered by U.S. companies, as an alternative to Russian gas. 

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more