Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » U.S. plans to sanction Russian vessel involved in Nord Stream 2: Handelsblatt

    U.S. plans to sanction Russian vessel involved in Nord Stream 2: Handelsblatt

    January 18, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp
    Russian vessel, Fortuna

    Berlin — The United States has informed European allies about plans to sanction Russian vessel “Fortuna”, which is involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday.

    The U.S. administration told government officials in Berlin and other European capitals on Monday that the sanctions would go into effect on Tuesday as part of the Countering America’s Adversaries Through Sanctions Act (CAATSA), the newspaper added.

    It said the sanctions would be imposed on the pipelaying ship and its owner, KVT-RUS.

    Nord Stream 2, designed to double capacity of the existing undersea Nord Stream gas pipeline from Russia to Germany, has become a point of contention between Moscow and Washington, with the United States seeking to cut Europe’s reliance on Russian energy. The group behind the pipeline suspended work in December 2019 due to the threat of sanctions from Washington.

    Handelsblatt cited a Nord Stream 2 spokesman saying that it was up to the European Union and governments in the involved countries to protect companies from any sanctions.

    A spokesman for the U.S. embassy in Berlin told Handelsblatt that Washington would continue to take “all necessary and appropriate steps” to prevent Nord Stream 2.

    “Although we do not comment on future sanctions measures, we will continue to exchange ideas with allies and partners on potential sanctions issues,” the spokesman said.

    The U.S. government is hoping that Germany will reconsider its position on Nord Stream 2, he added.

    The U.S. State Department in Washington did not immediately reply to a Reuters request for comment.

    Gazprom declined to comment while Nord Stream 2 was not immediately available for comment.

    According to Refinitiv ship tracking data, Fortuna is still anchored in the Baltic Sea near Rostock in Northern Germany.

    (Reporting by Michael Nienaber; Additional reporting by Timothy Gardner in Washington and Vladimir Soldatkin in Moscow; Editing by Maria Sheahan)

    Follow us on twitter

    Related News

    Taiwan’s CPC Corp eyes US shale gas assets, sources say

    Gazprom, CNPC discuss future Russian gas supplies to China

    Golar LNG reaches COD at Greater Tortue Ahmeyim project

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Russia plans to compensate for oil overproduction in August-September

    July 12, 2025

    Taiwan’s CPC Corp eyes US shale gas assets, sources say

    July 12, 2025

    China sets its first renewable standards for steel, cement and polysilicon

    July 12, 2025

    Russia’s fuel export revenue in June fell 14% from last year, IEA says

    July 12, 2025

    US OKs exchange with Exxon Mobil to aid Gulf Coast supplies

    July 12, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.