US waives sanctions on Nord Stream 2 project

Mike Hayes Consultant Editor, Construction Europe / KHL Content Studio

May 21, 2021

Biden administration hopes to rebuild relations with Europe over controversial Russian gas pipeline

The US government has agreed to waive the sanctions it imposed on the company building the Nord Stream 2 gas pipeline.

The project will see natural gas transported from Russia to Germany, via the Baltic Sea.

When completed, the €9 billion pipeline – running parallel to the original Nord Stream…

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