and the blocking of The Marlin are non-events, in our view,” said Mitch Jennings, an oil and gas analyst at Moscow-based Sova Capital. has longed opposed the project - which it deems a threat to European energy independence - it’s extending its sanctions list without provoking German leaders who are determined to see the project through. The sanctions probably come too late as construction of the pipeline was finished in September and the first of two lines is already filled with gas. In a report sent to Congress on Monday, the administration designated Transadria Ltd., a Cyprus-based entity believed to be a Russian shell company, over pipeline work done by one of its ships, the Marlin, according to a statement from Secretary of State Antony Blinken.Īnother vessel, the Blue Ship, was cited for its work on the pipeline but not sanctioned because it belongs to an entity affiliated with the German government, according to a U.S. imposed sanctions on a ship involved in the construction of the Nord Stream 2 gas pipeline as the Biden administration looks to exert more pressure on Russia without antagonizing Germany.
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