US threatens sanctions against Nord Stream 2 contractors as construction goes at full drive | WHAT REALLY HAPPENED


US threatens sanctions against Nord Stream 2 contractors as construction goes at full drive

The US may slap penalties on two European contractors laying the pipeline for the Russian-led Nord Stream 2. The political pressure is still extremely high over the project, which Moscow defines as purely economic.

Swiss-based Allseas Group and Italian Saipem may face US sanctions over firms participating in the highly debated project on behalf of its operating company, Gazprom-owned Nord Stream 2 AG, sources in the German federal government told Handelsblatt.

Allseas will reportedly lay over 90 percent of the controversial pipeline, while Saipem already completed its part of the work.

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