The Nord Stream 2 pipeline, which would transport gas from Russia to Germany, was halted by Germany in response to Russian troops crossing into Ukraine. While the pipeline has been the recent focus of calls for sanctions against the Kremlin, American lobbying groups made big money supporting it.
in the Reagan White House and on the Senate Foreign Relations Committee under Chairman Richard Lugar.
In recent months, Russia has used Gazprom to cut natural gas to Ukraine. In January, it reduced its daily transport of gas via Ukraine to Europe to a two-year low of about 50 million cubic meters.Additionally, records showed that five companies supporting the pipeline paid lobbyists at the firm McLarty Inbound upward of $1.6 million since 2020 to support the pipeline.
FOX Business asked the three lobbying firms if they plan to continue lobbying in support of the pipeline, but none of them responded.Biden announced that he will be imposing sanctions on the pipeline owner in response to Russian actions in Ukraine, reversing a 2021 decision to waive sanctions on the project.
The Biden administration previously did not take steps to stop the pipeline, despite bipartisan support for it in Congress. The White House did, however, encourage Democrats to oppose a bill from Sen. Ted Cruz, R-Texas, that would have imposed sanctions such as asset freezes and travel bans against European business leaders connected to the pipeline.
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