OMVJF - U.S. broadens sanctions against Russian gas pipeline project

The U.S. State Department has broadened the scope of sanctions targeting the Gazprom-led (OGZPY) Nord Stream 2 gas pipeline project, which is 100 miles short of completion beneath the Baltic Sea between Russia and Germany.New State Department guidelines expand upon last year's measure, saying sanctions would apply to companies providing services, facilities or funding for "upgrades or installation of equipment" for vessels that would work on Nord Stream 2.Last year's sanctions against companies providing deep-sea pipe-laying vessels caused the project's key ship to depart, and the new guidance takes aim at the Russian ship that some U.S. officials tracking the project believe Nord Stream 2 has selected as a replacement vessel.Gazprom's Nord Stream 2 partners are Royal Dutch Shell ([[RDS.A]], [[RDS.B]]), Germany's Uniper (UNPPY) and BASF (BASFY), Austria's OMV (OMVJF) and France's Engie (ENGIY).The expanded sanctions are the latest obstacle for the project, following the poisoning of Russian opposition political figure

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U.S. broadens sanctions against Russian gas pipeline project