Economics
U.S. Sanction Plan for Russian Pipe Could Repeat Reagan Failures
- Sanctions may delay but won’t stop project, Alfa Energy says
- Pipeline would increase Russian gas flows to Germany
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Efforts by the U.S. Senate to hamper a controversial natural gas pipeline from Russia to Germany have probably come too late.
The Senate is yet to vote on a bill to impose sanctions on construction of the undersea part of the 750-mile Nord Stream 2 link under the Baltic Sea, but the project is already almost complete and scheduled to be finished this year.