US Considering Sanctions On Firms Working In Russian Energy Pipeline Sector - State Dept

US Considering Sanctions on Firms Working In Russian Energy Pipeline Sector - State Dept

Companies that work in Russia's energy pipeline sector are risking US sanctions, and Washington is considering possible actions against the Nord Stream-2 project, Assistant Secretary of State for Energy Resources Francis Fannon told reporters on Tuesday.

WASHINGTON (Pakistan Point News / Sputnik - 11th December, 2018) Companies that work in Russia's energy pipeline sector are risking US sanctions, and Washington is considering possible actions against the Nord Stream-2 project, Assistant Secretary of State for Energy Resources Francis Fannon told reporters on Tuesday.

"The firms working in Russian energy pipeline sector are engaging a lot of business that carries sanctions risk. We continue to review potential sanctions actions," Fannon said. "The US government has the ability to sanction Russia export energy pipelines under section 232 the Countering America's Adversaries Through Sanctions Act (CAATSA),"