US will not be in time with sanctions on Nord Stream-2 before the elections

US will not be in time with sanctions on Nord Stream-2 before the elections

US will not be in time with sanctions on Nord Stream-2 before the elections

Investing.com – Democrats, Republicans and the White House will not be able to pass the FY2021 US defense budget bill before the presidential elections in November. In particular, it contains tough sanctions against the Nord Stream 2 gas pipeline project. This was announced by the main Republican on the House Armed Services Committee, Mac Thornberry, writes Politico.

The bill was previously approved by the Senate and House of Representatives. However, the difficulty lies in the fact that the versions of the bill adopted by the chambers differ. “Is there an opportunity for everyone to get what they want? Of course yes. Is it likely that this will happen before the elections? No, ”Thornberry said.

The bill is indeed voluminous and will require long-term approval in Congress, said Ivan Timofeev, Program Director of the Valdai Club, in a comment to RBC. “The likelihood that the budget approval process will drag on until the post-election period is quite high, this is quite natural,” he told the agency.

It became known last week that Germany is also considering sanctions against Nord Stream 2 due to the poisoning of opposition politician Alexei Navalny. At the same time, the FRG does not deny that the refusal to complete the project will result in serious consequences for European and German companies. More than 100 organizations from 12 countries are involved in it, and most of them are from Germany.

The Nord Stream 2 project involves the construction of two lines, each 1,224 km long, along the bottom of the Baltic Sea. The pipeline will supply gas from Russia to Germany; its capacity is 55 billion cubic meters. m per year. The construction operator is Nord Stream 2 AG, the sole shareholder of which is Gazprom.

(Text prepared by Yana Shebalina)

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