Russia gas export pipeline in jeopardy as Trump signs sanctions bill - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid US sanctions contained in legislation signed by President Donald Trump on Friday.

The move throws into doubt the completion date of the $11 billion project that Moscow had said would be ready in months, jeopardizing plans to quickly expand Russian sales of natural gas to Europe via pipeline.

“Allseas will proceed, consistent with the legislation’s wind-down provision and expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant US authority.” Nord Stream 2 would allow Russia to bypass Ukraine and Poland to deliver gas under the Baltic Sea to Germany.

 

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America is abusing other countries Washington is cruel to other business they are so scared of competition Donald they claim that they are strong no they are weak. EU can do nothing but it is on interest pipeline.

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