Much has been made of President Biden’s comment that “Nord Stream 2 is a bad deal for Europe.” Yet with the announcement by Secretary of State Antony Blinken that Nord Stream 2 sanctions are not in the U.S. national interest and will be waived, the Russian-financed European pipeline should glide to a speedy completion. There remains only German regulatory approval before Nord Stream 2 will become operational, unless Germany’s September elections yield some major surprises.
Nord Stream 2
Ukraine-U.S. Relations
Ukraine's Energy Challenge
OP-ED
Paul Roderick Gregory: Biden gives Putin the Nord Stream prize and gets nothing in return
A man works at the construction site of the so-called Nord Stream 2 gas pipeline in Lubmin, northeastern Germany, on March 26, 2019.