Crisis between Ukraine and Russia: in his response to Moscow, Joe Biden sanctions the Nord Stream 2 gas pipeline

Joe Biden announced Wednesday, February 23, sanctions against the company responsible for operating the Nord Stream 2 gas pipeline, which links Russia to Germany. This decision of the American president accentuating the response against the maneuvers of Vladimir Putin vis-à-vis Ukraine.

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“Today I have ordered my administration to impose sanctions against Nord Stream 2 AG and its leaders”, said the tenant of the White House in a press release. The parent company of this company is the Russian giant Gazprom.

Russia’s energy power targeted

“These measures are part of our first tranche of sanctions in response to Russia’s actions in Ukraine”, underlined the American leader. The day before, he had already unveiled sanctions against Russian banks and oligarchs, denouncing the “beginning of an invasion” Russian in Ukraine.

Wednesday’s announcement targets one of energy-rich Russia’s biggest geostrategic initiatives. It comes after Germany announced on Tuesday that it was suspending this pharaonic project, on which it was counting to accomplish its energy transition.

An initiative hailed by opponents of Biden

The 1,230-kilometre, $11 billion underwater tube was completed in late 2021 but had not yet been commissioned pending certification from Germany. “This 11 billion investment is now just a piece of steel, lying at the bottom of the sea”assured the spokesman of the American diplomacy, Ned Price.

The initiative was applauded by American elected officials on both sides, many of whom opposed Nord Stream 2. “President Biden made the right decision today”, greeted Republican Senator Ted Cruz, usually very critical of the policies of the Democratic leader. The United States has been from the start against the gas pipeline which would weaken Ukraine economically and strategically, would in their eyes increase the European Union’s dependence on Russian gas and would deter Europeans from buying the shale gas that the Americans hope to sell to them.

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