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EU to Hit Nord Stream Pipelines in New Round of Sanctions

  • On May 16 in Brussels, the European Union announced new sanctions aimed at those managing the Nord Stream 1 and 2 pipelines to prevent any future investment activities.
  • The sanctions follow Russia’s 2022 attack on Ukraine, Germany’s halt of Nord Stream 2 certification, and pipeline damages from explosions and halted gas flows.
  • Both pipelines remain non-operational with repairs permitted only for Nord Stream 2 to prevent gas leaks, while the EU aims to discourage any activity on these assets.
  • The head of the European Commission announced that the EU is developing a new set of sanctions targeting Russia’s financial sector and expanding the blacklist to include more vessels from the shadow fleet.
  • The new sanctions reflect a broader EU strategy to increase economic pressure on Russia due to stalled peace efforts and Putin’s rejection of a ceasefire proposal.
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abc broke the news in Spain on Friday, May 16, 2025.
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