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24 July 2017
European Union officials are "activating all diplomatic
channels" to press home their concerns that looming U.S. energy sanctions
against Russia could affect Europe's energy supplies, a spokesman said Monday. The Total Investment & Insurance
Solutions
U.S. lawmakers are scheduled to consider the
sanctions package as early as Tuesday, and the bill could be sent to President
Donald Trump before Congress breaks for the August recess. The measures are
aimed at punishing Moscow for meddling in the presidential election and its
military aggression in Ukraine and Syria. The Total Investment & Insurance Solutions
EU member states Germany and Austria have
criticized the penalties, saying they could affect European businesses involved
in piping in Russian natural gas. The
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In a joint statement last month, Austria's
Chancellor Christian Kern and Germany's Foreign Minister Sigmar Gabriel cited a
section of the sanctions bill that calls for the United States to continue to
oppose the Nord Stream 2 pipeline that would pump Russian gas to Germany
beneath the Baltic Sea.
European Commission spokesman Margaritis
Schinas said Monday that the EU's executive arm is "following this process
with some concern regarding the European Union's energy independence and our
energy security interests." The
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He would not speculate on any possible EU
retaliation should European businesses be hurt by U.S. sanctions. The Total Investment & Insurance
Solutions
"We in the European Union will have
interests in this discussion and we expect this interest to be addressed by the
ongoing pre-legislative process" in the United States, Schinas said.
His comments came despite senior Republicans
saying Saturday that revisions to the package have resolved fears that the
sanctions could have unintentionally complicated Europe's access to energy
resources outside of Russia.The Total
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