U.S. Senate Set to Vote on Cruz's Nord Stream 2 Pipeline Sanctions Bill

Richard Cowan and Costas Pitas
Thursday, January 13, 2022
Credit: Nord Stream 2

The U.S. Senate will vote on Thursday on a bill being pushed by Republican Ted Cruz to slap sanctions on the Nord Stream 2 natural gas pipeline in Europe, although it is not expected to garner enough support to pass.

The bill is scheduled for a vote at around 2:45 p.m. ET (1945 GMT), according to Democratic Senator Jon Ossoff.

Cruz struck a deal with Democrats last month to get a vote before Jan. 14 on the Russia-to-Germany natural gas pipeline in exchange for lifting his hold on dozens of Democratic President Joe Biden's ambassador nominations.

Under the deal, Cruz's bill would need 60 votes to pass, a high hurdle in the evenly divided chamber where bipartisanship is scarce.

Cruz's bill would slap sanctions on the pipeline within 15 days of passage, regardless of whether Russia reinvades Ukraine, and would allow the U.S. Congress to vote to reinstate sanctions should the president waive them. Cruz has said sanctions are needed immediately to stop the project.

The $11 billion pipeline, led by Russia's state gas company Gazprom, could be approved by German regulators in the middle of the year, the chief executive of Uniper SE, one of five European energy companies helping to finance the pipeline, said last week. 

The United States, as well as some European countries including Ukraine and Poland, are against the pipeline, which would deprive Kyiv of transit fees as well as increase Moscow's leverage over Europe, where gas prices have been skyrocketing.

On Wednesday, Democratic Senator Robert Menendez unveiled a bill to impose sweeping sanctions on top Russian government and military officials and key banking institutions if Moscow engages in hostilities against Ukraine.

The Menendez-backed bill provides an alternative for Democrats who support sanctions on Nord Stream 2 and makes it harder for Cruz's bill to pass. 

(Reporting by Richard Cowan and Costas Pitas; Editing by Sandra Maler)

Categories: Offshore Energy Pipelines Activity Europe North America Regulations

Related Stories

Friede & Goldman Hires Contractor for Semi-Sub Rig Conversion Job

Friede & Goldman Hires Contractor for Semi-Sub Rig Conversion Job

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Venture Global to Supply LNG to Italy's Eni Under 20-Year Deal

Venture Global to Supply LNG to Italy's Eni Under 20-Year Deal

Current News

Eco Wave Power Installs Floaters for LA’s Pilot Wave Energy Plant

TenneT Hires Asso.subsea for Cabling Work off Germany

Arabian Drilling Books First Offshore Contract Outside Saudi Arabia

Woodside Takes Over Operatorship of Bass Strait Assets from ExxonMobil

Subscribe for OE Digital E‑News

Offshore Engineer Magazine