U.S. makes changes to OFAC's SDN list by including Russia vessel over Nord Stream 2

REUTERS

REUTERS

The United States has made changes to the Specially Designated Nationals (SDN) List of the Office of Foreign Assets Control (OFAC) by including a Russian-flagged vessel involved in the construction of the Nord Stream 2 gas pipeline.

This is reported on the website of the U.S. Department of the Treasury.

Read also Lithuania proposes pausing Nord Stream 2 until Russian elections – media

It says it is the FORTUNA (UBDP8) vessel whose registration identification is IMO 8674156 (vessel).

It is linked to Russian-registered KVT-RUS LLC, the owner of the vessel.

  • Nord Stream 2: Background

  • The Nord Stream 2 project envisages the construction and operation of two gas pipeline branches with a total throughput capacity of 55 billion cubic meters of natural gas per year from the coast of Russia through the Baltic Sea to Germany. It should connect Russia's Ust-Lug and Germany's Greifswald. This new pipeline bypassing Ukraine is to be built next to the existing Nord Stream 1 pipeline.
  • The construction of the pipeline was expected to be completed before the end of 2019.
  • The pipeline will be 1,220 km long. The project is being implemented by Russia's Gazprom in alliance with European companies – ENGIE, OMV, Royal Dutch Shell, Uniper, and Wintershall. Ukraine stands against the construction of Nord Stream 2 as it will most likely lose its status of a gas transit country, while its potential revenue losses are estimated at US$3 billion annually. The project is also highly criticized by the U.S., Poland, and the Baltic States.
  • On November 4, 2020, the media reported that U.S. Congress wanted to expand sanctions against Nord Stream 2 and TurkStream.
  • On December 6, 2020, United States Charge d'Affaires to Germany Robin Quinville called on the EU and Germany to declare a moratorium on the construction of the Nord Stream 2 gas pipeline.
  • On December 9, 2020, the U.S. House of Representatives approved the 2021 National Defense Authorization Act (NDAA) with expanded restrictions against the Russian Nord Stream 2 gas pipeline.
  • On December 11, 2020, the construction of the Nord Stream 2 gas pipeline resumed.
  • On December 29, 2020, it became known that the House of Representatives overcame the then President Donald Trump's veto on the U.S. defense budget with sanctions on Nord Stream 2.
  • The United States is urging European allies and private companies to halt works on Nord Stream 2, and is preparing broader sanctions against the Russian project in the coming weeks.
  • The U.S. Senate approved the U.S. defense budget for the fiscal year 2021, which provides for new sanctions against Russia's Nord Stream 2.
  • On January 7, 2021, a fund was established in Germany to support the completion of the Nord Stream 2 project.
  • On January 13, 2021, the U.S. Department of State notified European companies involved in the construction of Nord Stream 2 of the risk of imposing new sanctions.

Author: UNIAN

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Related news
Live: Joe Biden marks almost 500.000 COVID-19 deaths in the US

Live: Joe Biden marks almost 500.000 COVID-19 deaths in the US

President Joe Biden will mark the US reaching the grim milestone of 500,000 lives lost from COVID-19 with a moment of silence and candle lighting ceremony at the White House. The nation is expected to reach that mark on Monday, just over a year af...

Bash: Cruz looking for Fox News sound bite at Garland hearing.

Bash: Cruz looking for Fox News sound bite at Garland hearing.

CNN's Elie Honig and Dana Bash point out Sen. Ted Cruz's (R-TX) line of questioning to attorney general nominee Merrick Garland about the partisanship of the Justice Department noticeably didn't include the Trump administration and Cruz's own role...

3 350

Alyssa Farah slams Dems' stimulus bill: 'It's not COVID relief'.

Alyssa Farah slams Dems' stimulus bill: 'It's not COVID relief'.

Former White House communications director Alyssa Farah joins America Reports to discuss Biden's proposed $1.9 trillion coronavirus relief bill. Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) ...

Freedom House medical service makes comeback to help Pittsburgh community.

Freedom House medical service makes comeback to help Pittsburgh community.

The coronavirus pandemic has highlighted the problem of unequal health care in under-served areas of the country. Now a hospital in Pittsburgh is reviving a decades-old emergency medical service to help communities of color. CBS News' Skyler Henry...

Merrick Garland pledges to pursue equal justice if confirmed as attorney general.

Merrick Garland pledges to pursue equal justice if confirmed as attorney general.

President Biden's nominee for attorney general, Judge Merrick Garland, says pursuing equal justice for all and "battling extremist attacks on our democratic institutions" will be among his priorities if confirmed for the job. Watch his opening sta...

Professor who taught Judge Merrick Garland at Harvard weighs in on nomination.

Professor who taught Judge Merrick Garland at Harvard weighs in on nomination.

Laurence Tribe, a professor emeritus at Harvard Law School, says Judge Merrick Garland's would be "one of the greatest attorneys general in American history." Tribe spoke with CBSN's Anne-Marie Green and Vladimir Duthiers about why Garland is righ...