Reuters exclusively reported that the U.S. State Department this month told European companies, which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline, that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project. According to a Reuters source, the State Department is expected to issue a report this week on companies it believes are helping the Russia-to-Germany pipeline. Companies that could be in the report include ones providing insurance, helping to lay the undersea pipeline, or verify the project’s construction equipment.
Reuters exclusively reports U.S. tells European companies they face sanctions risk on Nord Stream 2 pipeline
12 January 2021, 9:01 pm 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: EuropeNorth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story