US Congress supports tougher sanctions against the Nord Stream 2 gas pipeline

The lower house of Congress voted in favor of the US defense budget for 2021, including tougher sanctions against Nord Stream 2, Ekonomichna Pravda reports. The draft law was supported by 289 of the 431 members of the House of Representatives.

The sanctions against Nord Stream 2 and Turkish Stream include the imposition of restrictions on facilitating the sale, lease, or provision of pipe-laying equipment to construct gas pipelines, insurance, and reinsurance.

Services or facilities for the technical modernization of ships related to the construction of gas pipelines will also fall under the sanctions.

Recall that on December 21, 2019, the United States announced the imposition of sanctions against the Nord Stream 2 pipeline. The key contractor of Gazprom, Allseas, suspended work on the project.