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U.S. waives sanctions on Nord Stream 2 company and CEO

Published by
Reuters

By Timothy Gardner, Andrea Shalal and Steve Holland WASHINGTON (Reuters) -The Biden administration waived sanctions on the company behind Russia’s Nord Stream 2 gas pipeline to Germany and its chief executive, according to a State Department report sent to Congress on Wednesday. The report, a copy of which was seen by Reuters, concluded that Nord Stream 2 AG and its CEO, Matthias Warnig, an ally of Russian President Vladimir Putin, engaged in sanctionable activity but that it was in the U.S. national interest to waive the sanctions. The move came as the Biden administration seeks to rebuild ti…

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