Economics
U.S. Warns Sanctions Possible If Nord Stream 2 Pipe Proceeds
- Remarks add to tension with U.S. and EU over security issues
- Pipeline would be alternative to Ukraine supply route
Photographer: Alexander Zemlianichenko Jr/Bloomberg
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The U.S. stepped up its opposition to the Nord Stream 2 natural gas pipeline linking Russia and Germany, saying the project raises security concerns and that it could draw U.S. sanctions.
The U.S. opposes the project because it will increase Europe’s reliance on Russia for gas supplies. It’s also worried the pipeline could open ways for Russia to install undersea surveillance equipment in the Baltic Sea, said Sandra Oudkirk, U.S. Deputy Assistant Secretary of State for Energy diplomacy.