Contact Us

Biden announces sanctions on Russia's Nord Stream 2 pipeline

"Today, I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers," Biden said in a statement

Reuters & AFP WORLD
Published February 23,2022
Subscribe

President Joe Biden announced Wednesday that the United States will join Germany in imposing sanctions on the Russian Nord Stream 2 natural gas pipeline project in retaliation for Moscow's military pressure against Ukraine.

"I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers," Biden said in a statement. The measure, targeting one of energy-rich Russia's biggest geostrategic initiatives, comes after Germany announced it was halting the controversial project on Tuesday.