By Vanessa Dezem
The U.S. is increasing diplomatic pressure on European contractors to drop out of the Nord Stream 2 pipeline project, Welt am Sonntag reported.
The almost 10 billion-euro ($11.7 billion) Nord Stream 2 project is being financed by companies including Royal Dutch Shell Plc, Germany’s Uniper SE, Wintershall AG and France’s Engie SA. Allseas Group SA is helping to expand the TurkStream link.
Russia will develop a new strategy for completion of the project if the U.S. imposes further sanctions on the planned pipeline, Kremlin spokesman Dmitry Peskov told reporters on Friday.