While the State Department admits to taking sanctionable actions as the initiative's developers, the Biden administration has waived sanctions fines for Nord Stream 2 AG of Switzerland and its CEO, Matthias Warnig. The decision benefits pipeline supporter Gazprom and its majority shareholder, the government of Russia. In a statement released ... Read more

Being under charter for completing the last stretch of Gazprom's Nord Stream 2 project, vessel Fortuna now faces sanctions by the outgoing Trump administration. This move can be labeled as a last-ditch effort by the outgoing U.S administration to make things hard for the project in the future. The U.S ... Read more

Russian state-owned energy giant Gazprom recently announced its plans to restart work on the controversial Nord Stream 2 gas pipeline running from Russia to Germany. Reporting to the Deutsche Presse Agentur on 28 November, the company announced its plans for the future of the pipeline, stating that work will begin ... Read more

In the dispute over the "Nord Stream 2" natural gas pipeline, the USA is increasing the pressure on the port of Sassnitz-Mukran on the island of Rügen: All business relationships with the companies involved in the project shall be terminated within 30 days; otherwise, sanctions would be imposed. The Americans ... Read more