A company that operates ships laying sections of a new German-Russian pipeline said it is suspending the work after U.S. President signed legislation threatening sanctions.
U.S. government argues that it will increase Europe's dependence on Russia for energy.
Construction of the pipeline is already well advanced and it wasn't immediately clear to what extent the U.S. move would hamper its completion. Nord Stream 2 spokesman Jens Mueller said in an emailed statement that “completing the project is essential for European supply security.”
The German government said it regretted the enactment of the U.S. legislation.
“The German government rejects such extraterritorial sanctions,” spokeswoman Ulrike Demmer said in a statement. “They affect German and European companies and constitute an interference in our domestic affairs.”
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