US Sanctions Nord Stream 2 Parent Company, Corporate Officers
President Joe Biden said in a Feb. 23 statement that the U.S. will impose sanctions against the Nord Stream 2 pipeline company and its corporate officers. Nord Stream 2 AG is a project company established for planning, construction and subsequent…
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operation of the pipeline. It is owned by a subsidiary of Gazprom. Biden said the sanctions are "another piece" of America's initial tranche of sanctions and that the administration "will not hesitate to take further steps if Russia continues to escalate."