The United States has imposed sanctions against Nord Stream 2, a natural gas pipeline project between Russia and Europe. The contracting company has, therefore, announced it was halting all work on the project.
The EU's investment arm risks torpedoing the bloc's commitment to abide by climate goals by financing gas infrastructure projects, according to new analysis
The European Union countries have come to an agreement with the EU regarding the German-Russian gas pipeline ''Nord Stream 2'' project.
European Union member states have adopted a Franco-German compromise allowing Berlin to remain the lead negotiator with Russia on the Nord Stream 2 gas pipeline to Europe.
The EU member states have reached an agreement on Nord Stream 2 pipeline, that allows Russia to supply Europe with natural gas across the Baltic Sea.