Companies face sanctions risk on Nord Stream 2 pipeline

Pipes for the construction of the Nord Stream 2 natural gas pipeline from Russia to Germany and the Baltic Pipe from Denmark to Poland are stored at the port of Mukran in Sassnitz on the island of Ruegen, Germany, Wednesday, Jan. 6, 2021

WASHINGTON: The US State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project, two sources said yesterday.

“We are trying to inform companies of the risk and urge them to pull out before it’s too late, ” a US government source said on condition of anonymity.