A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companie...
WASHINGTON - A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 gas pipeline from Russia to Germany that the Trump administration says would strengthen Moscow’s economic grip on Europe.
The Nord Stream 2 project, which has mostly been completed, is led by the Russian state-owned gas company Gazprom, with half of the funding provided by Germany’s Uniper and BASF’s Wintershall unit, Anglo-Dutch firm Shell, Austria’s OMV and France’s Engie. Republican Senator Rand Paul and Democratic Senator Tom Udall were the panel members who voted against the bill. Paul complained that it sanctioned U.S. allies and harmed international companies that employ thousands of Americans. The bill’s backers disputed this.
Republican Senator Jim Risch, committee chairman, said the panel would also consider another bill, the bipartisan Defending American Security from Kremlin Aggression Act , although the timing was not clear.
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