WASHINGTON (CHATNEWSTV) — The U.S. Department of State has reimposed sanctions on several entities and individuals involved in the construction of the Nord Stream 2 pipeline, citing violations under the Protecting Europe’s Energy Security Act (PEESA). The sanctions, announced Wednesday, target entities previously penalized under PEESA and new vessel owners linked to the controversial pipeline.
“Today’s actions underscore our commitment to holding those accountable for harmful activities tied to the Russian government,” a State Department spokesperson said, adding that the measures are authorized under Executive Order 14024.
The list of sanctioned entities includes marine and logistics firms like Samara Heat and Energy Property Fund, Joint Stock Company Nobility, and several others that operated or acquired vessels connected to Nord Stream 2. The sanctions also target Matthias Warnig, the former CEO of Nord Stream 2 AG, and his technology company, OOO MTV.
According to the Department of Treasury’s Office of Foreign Assets Control (OFAC), the sanctions block all U.S.-controlled property and interests of the designated individuals and entities. Americans are prohibited from conducting transactions involving these entities without specific authorization.
“The sanctions aim to disrupt the construction and operation of Nord Stream 2, which undermines Europe’s energy security and increases dependence on Russian energy,” the spokesperson added.
The pipeline has been a flashpoint in U.S.-Russia relations, with Washington opposing the project for its geopolitical implications. Critics argue that Nord Stream 2 strengthens Moscow’s leverage over European energy markets while bypassing traditional transit countries like Ukraine.
The Department reiterated that the ultimate goal of the sanctions is behavioral change. “Sanctions are not about punishment but encouraging positive reforms,” the statement said.
For those seeking removal from the sanctions list, the Department provided guidelines for submitting petitions. The move reflects the Biden administration’s continued stance against Russia’s economic influence through energy projects.
