Russia, Germany reject U.S. threat of pipeline sanctions

CNC
Added On July 18, 2020

 Russia and Germany have rejected a recent threat made by the U.S. to sanction the Nord Stream 2 gas pipeline, criticizing the move as disregard for Europe's energy sovereignty.

 
The Kremlin said on Thursday that Washington's threat to impose sanctions on the Nord Stream 2 as well as the second line of the TurkStream pipeline is "unfair competition."
 
The Nord Stream 2 gas pipeline, stretching from Russia to Germany, involves the construction of two pipelines with a total capacity of 55 billion cubic meters per year.
 
The Kremlin said the United States is trying to force Europeans to buy more expensive U.S. liquefied gas on less favorable terms.
 
Moscow's statement came one day after U.S. Secretary of State Mike Pompeo claimed the projects are not commercial but serve as Moscow's tools to exploit European dependence on Russia's energy supplies.
 
In response to Washington's threat, the German foreign minister said the U.S. government is disregarding the right and sovereignty of Europe to make its own energy policy. 
The Federation of German Industries also condemned the U.S. sanctions threat, saying it is contrary to international law.
 
This was not Washington's first attempt to prevent the completion of Nord Stream 2. In 2019, U.S. President Donald Trump slapped sanctions on all companies involved in the project, which led to a suspension of construction.