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January 20, 2021

Russia-to-Germany pipeline at risk after U.S. sanctions

  • Only about 93 miles of the $11 billion undersea pipeline line remains to be completed.
    • By VLADIMIR ISACHENKOV
    Associated Press

    MOSCOW — Russian state gas company Gazprom acknowledged there is a risk that its undersea pipeline to Germany could be suspended or canceled after the U.S. on Tuesday imposed sanctions on a Russian ship involved in its construction.

    Germany's Economy Ministry said it had been informed in advance of the new U.S. sanctions against the Russian pipe-laying ship Fortuna and its owner. “We take note of this announcement with regret,” the ministry said.


     
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