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EU plans to impose sanctions on the Nord Stream gas pipeline to dissuade potential future investors

The pipeline is not working anyway, but imposing such sanctions will turn away investors, the spokesman explained

Май 16, 2025 14:35 218

EU plans to impose sanctions on the Nord Stream gas pipeline to dissuade potential future investors  - 1

The EU plans to impose sanctions on the "Nord Stream" gas pipeline to dissuade potential future investors in the project, a European Commission spokesman said today at a press conference in response to questions related to the absence of Russian President Vladimir Putin from the talks in Turkey on peace in Ukraine, BTA reported.

The pipeline is not working anyway, but imposing such sanctions will turn away investors, the spokesman explained. We continue to increase pressure on Russia, in the coming days the EU Council is expected to approve the new sanctions, approved this week by European ambassadors, he added. According to him, the EU could then introduce further sanctions, which could include the gas pipeline and a reduction in the price ceiling for Russian oil, as well as additional measures against the Russian financial sector.

The EU has joined its international partners in proposing a 30-day ceasefire in Ukraine, and Ukrainian President Volodymyr Zelensky has expressed readiness for an immediate meeting in Turkey for peace talks. President Zelensky was there yesterday, but Russian President Vladimir Putin did not show up. It is clear to us that Putin is not interested in peace. We want peace and that is why we are preparing more sanctions against Russia, the spokesman explained.