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U.S. Expected to Leave Germans Out of Next Nord Stream Sanctions

  • Congress demanding sanctions report expected as soon as Friday
  • Biden seeks to both rebuild Europe ties, stay tough on Russia
The Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, in January 2020.

The Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, in January 2020.

Photographer: Andrey Rudakov/Bloomberg

The U.S. is likely to hold off sanctioning any German entities for now over the Nord Stream 2 gas pipeline from Russia, according to four people familiar with the matter, as the Biden administration seeks to halt the project without antagonizing a close European ally.

A key report to Congress that was due last Tuesday could be out as soon as Friday, and it’s expected to list only a small number of Russia-linked entities, according to the people, who asked not to be identified because the policy hasn’t been announced.