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U.S. signals readiness to lift sanctions against Nord Stream 2

Christian Fernsby |
The Biden administration is signaling readiness to discuss the Nord Stream 2 gas pipeline project, and to provide Germany with a sanctions waiver if certain conditions are met.

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Topics: U.S.    NORD STREAM   

"The Germans have to put a package solution on the table", Handelsblatt reports, citing a US official said to be involved in the talks. "Otherwise we won't be able to get the Nord Stream 2 issue out of the way".

According to Handelsblatt, Washington's demands include preventing Europe from becoming overly dependent on Russian gas, and stopping Ukraine from being decoupled from European gas infrastructure.

The newspaper says the U.S. is interested in a pipeline "shutdown mechanism" in the event that Russia reduces gas deliveries through Ukraine, thus depriving Kiev of billions of dollars in much-needed transit fees for its cash-strapped economy.

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