Support The Moscow Times!

U.S. Slaps Sanctions on Another Nord Stream 2 Firm

Nord Stream 2 will carry 55 billion cubic meters of Russian gas to Europe under the Baltic Sea once launched. Nord Stream 2

The United States on Monday slapped sanctions on another company involved in the controversial Russia-Germany Nord Stream 2 pipeline even as it stops short of more drastic steps.

Secretary of State Antony Blinken said that the United States was imposing sanctions on Transadria Ltd., a shipping company linked to Russia, as well as two vessels.

President Joe Biden's administration took the action as part of a required report to Congress on action against the pipeline, which Ukraine and other Eastern European states fear will embolden Moscow and reduce their leverage.

But Biden has waived sanctions on the main company behind Nord Stream, concluding that the pipeline will go ahead anyway and that it is better to work with Germany.

"Even as the administration continues to oppose the Nord Stream 2 pipeline, including via our sanctions, we continue to work with Germany and other allies and partners to reduce the risks posed by the pipeline," Blinken said in a statement.

Germany, in a deal with the Biden administration, agreed to economic support to Ukraine on transitioning to clean energy and said it would insist that Russia keep gas flowing through its neighbor.

The administration's approach has found wide opposition in the US Congress, with one Republican senator citing the issue to hold up State Department nominations.

Ukraine has been battling pro-Russia separatists since 2014 when Moscow seized the Crimea peninsula.

… 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.

paiment methods
Not ready to support today?
Remind me later.

Read more