How would the completion of Nord Stream 2 and the blocking of the project by sanctions affect the transatlantic relationship?
The United States is ramping up its efforts to hinder the finalization of Russia’s Nord Stream 2 pipeline, just as Russia’s Gazprom and its German partners thought that the recent Danish decision permitting the use of anchors by pipelaying ships would finally enable its completion. Recognizing that Nord Stream 2 would give Moscow the means to manipulate gas supplies for its geopolitical advantage, Secretary Pompeo announced potential sanctions against firms involved in the pipeline’s construction. Recent bipartisan statements indicate that Congress is looking to the upcoming National Defense Authorization Act as a sanctions vehicle to halt the pipeline. What do these developments mean for the pipeline’s prospects and U.S.-German relations?
CEPA and the Atlantic Council’s Eurasia Center hosted a discussion on the latest U.S. actions against Nord Stream 2 to consider: what does the U.S. Administration hope to achieve; how would the completion of Nord Stream 2 and the blocking of the project by sanctions affect the transatlantic relationship; and how can allies work together to prevent the completion of the pipeline?