President Joe Biden announced on Wednesday the United States would impose sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognised two breakaway regions in eastern Ukraine.The sanctions, which target the Nord Stream 2 AG company and its corporate officers, add to pressure on the Baltic Sea project that was designed to double the gas flow capacity from Russia to Germany.The White House said the sanctions would not affect Gerhard Schroeder, a former German chancellor and a close friend of Putin’s who has headed the shareholders committee of Nord Stream since 2005.
Load More
Load More