The US State Department on Oct. 20 widened the scope of sanctions against the Nord Stream 2 natural gas pipeline and warned companies involved in the final installation that they face sanctions if they do not wind down activities within 30 days. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The new guidance expands on the State Department’s interpretation of Congress’ Protecting Europe’s Energy Security Act of 2019, which targets vessels laying pipe at least 100 feet below sea level for Nord Stream 2, TurkStream pipeline or any successor project. It added that companies providing “facilities for upgrades or installation of equipment for those vessels,” or funding for such work also faced potential sanctions. “The Department of State and the Department of the Treasury are […]