Daily on Energy, sponsored by EFP: Is Biden standing down on Russia’s Nord Stream 2 pipeline? Print this article
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BIDEN LOOKS TO MOVE ON: The Biden administration is signaling a stand-down in a years-long effort to stop Russia from finishing the controversial Nord Stream 2 natural gas pipeline to Germany as it seeks to repair relations with Europe.
The latest evidence that
President Biden is looking to move on and negotiate a solution with Germany comes after his State Department issued a report to Congress Friday that identified only a single Russian ship and its owner as being in violation of U.S. sanctions. The ship, Fortuna, and its owner, KVT-RUS, were already sanctioned in January by the Trump administration, although the new penalties are triggered under a dif