The Biden administration will waive sanctions against a company building the Nord Stream 2 pipeline, a move that will likely allow completion of a project that the Russian government is using to increase its influence in Europe.
Axios reported Tuesday that the administration is waiving sanctions against Nord Stream 2 AG and its CEO, Matthias Warnig. Nord Stream 2 is a German company controlled by Gazprom, the Russian state-controlled oil giant. Warnig is a former East German intelligence officer said to be close to Russian president Vladimir Putin.
In March, Secretary of State Antony Blinken called the pipeline “a Russian