French Engie may stop funding Nord Stream 2 due to U.S. sanctions

REUTERS

According to Chareyre, if the sanctions are applied, Engie may stop financing the project to avoid sanctions, Prime wrote.

At the same time, Engie is currently complying with the obligation to provide 10% of the total investment in the project, the risks of international sanctions may affect only future financial transfers, he said.

Read alsoGermany may abandon five projects related to Russian Nord Stream-2As UNIAN reported earlier, the U.S. Senate voted almost unanimously on Thursday to slap new sanctions on Russia, putting President Donald Trump in a tough position by forcing him to take a hard line on Moscow or veto the legislation and infuriate his own Republican Party.