Pipeline construction resumed in early February after more than a year’s hiatus
U.S. President Joe Biden’s administration has begun talks with Berlin about the future of the Nord Stream 2 pipeline, including “threats of sanctions” against companies involved in its construction, the Wall Street Journal reported.
Citing an unnamed German official, the newspaper reported that the administration has a deadline to compile a list of companies it believes are violating U.S. laws aimed at stopping the construction of Nord Stream 2.
These companies could be potential targets for U.S. sanctions, the publication said.
The Biden administration could waive sanctions using the National Interest Clause, which would placate Germany, an important U.S. ally in Europe, but give Russia a geopolitical victory and cross out the bipartisan coalition in Congress.
Construction of the underwater Nord Stream 2 pipeline is more than 90 percent complete, with about 160 kilometers of pipes left to be laid, the Wall Street Journal noted.
Construction resumed on Feb. 6, after more than a year’s hiatus caused by opposition from the Donald Trump administration and acts of Congress allowing sanctions to be imposed on companies and individuals involved in the project.
The Biden administration has not yet imposed sanctions under the law, the newspaper notes.
However, members of the White House National Security Council have met to discuss the pipeline, including Germany’s willingness to impose a moratorium on the project, the newspaper reported, citing unnamed people familiar with the discussions.