Russia Found Way to Outwit US Sanctions on Nord Stream as Project Nears Completion - Die Welt

Russia Found Way to Outwit US Sanctions on Nord Stream as Project Nears Completion - Die Welt

The Nord Stream 2 gas pipeline is practically completed, and the United States has no way of influencing the situation, reported Die Welt.

Despite Washington’s efforts to hamper the process, Moscow managed to circumvent restrictive measures imposed against the ambitious project, that is scheduled to carry up to 1.942 trillion cubic feet of gas per year from Russia to Germany through the territorial waters or exclusive economic zones of Denmark, Finland, Germany, Russia, and Sweden.

The German publication notes that the Akademik Cherskiy pipe-laying vessel owned by Gazprom has now been registered with the Samara Thermal Energy Property Fund (STIF), operating in Russia, according to the international registry of ships.

This allows the state-owned corporation to complete the gas pipeline, circumventing Washington’s restrictions.

All possible technical means are being used to complete the construction of Nord Stream 2, the economic and investment project is ready, said Russian Energy Minister Alexander Novak has said in an interview with Handelsblatt newspaper.

"The Nord Stream 2 project has already been completed in terms of investment and economic viability. All possible technical means are used for the purely physical completion of construction work," said the minister.

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