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Eight European projects to be hit by United States sanctions on energy sector


Not everyone in Europe is on the same page, however. Poland, and the Baltic states, are all more hostile toward Russian Federation, and are all keen to see the European Union add the new sanctions on Russian Federation as well as reducing their energy dependence on Russian Federation.

The legislation, which passed by 419 to three, was described by House Speaker Paul Ryan as a sanctions package that "tightens the screws on our most risky adversaries in order to keep Americans safe". The main speed bump: USA oil and gas firms' objections to the codification of sanctions issued by President Barack Obama in 2014.

The sanctions, which also affect North Korea and Iran, need to be passed by the US Senate before they land on Trump's desk for approval.

The U.S. House of Representatives has overwhelmingly passed a legislative draft which would lead to stricter economic sanctions against Russia, Iran and DPRK.

The European Commission released a statement on Saturday, warning that imposing fresh sanctions against Russian Federation without coordination with G7 countries may have "wide and indiscriminate" "unintended consequences".

Russia's relationship with the president has dogged his first six months in office, amid allegations Moscow interfered to help Mr Trump get elected. The original piece of legislation was poorly written but we were able to work with the House and Senate.

European Union diplomats are concerned that a German-US row over the Nord Stream 2 pipeline, being built by Russia's state-owned Gazprom, could complicate efforts in Brussels to forge an European Union consensus on negotiating with Russian Federation over the project.

Sen. Bob Corker of Tennessee says the agreement he and House Majority Leader Kevin McCarthy reached late Wednesday will allow Congress to pass the bill hitting the three US foes with additional penalties.


The economic sanctions against Moscow were originally introduced in March 2014, after the strategic Black Sea peninsula of Crimea rejoined Russian Federation following a referendum.

But more than anything, however, Tuesdays vote amounted to a rebuke of President Trump, whose administration had pushed to water down the bills provisions giving Congress the power to veto the lifting of sanctions.

But he warned of "unintended unilateral effects that impact the EU's energy security interests".

The US Congress is now poised to pass a sanctions regime which will jeopardise investment in Nord Stream 2. "This is why the commission concluded today that if our concerns are not taken into account sufficiently, we stand ready to act appropriately within a matter of days", he added, repeating a threat made in May following talks with US President Donald Trump.

United States politicians are expected to vote on new sanctions on Russian Federation tonight for alleged interference in last year's presidential elections, but it could be Europe that feels the pain.

Kremlin spokesman Dmitry Peskov regretted the USA move.

The language of the bill also "ensures that it didn't affect a major pipeline used to transport oil from Kazakhstan through Russian Federation to Ukraine" in which Chevron is a co-investor, according to CNN. I guess some will argue that this is the outcome of Russian "offensive" action in meddling in the USA elections, and importantly getting caught out by the US intelligence community.

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