The Biden Administration is backing off imposing sanctions on Nord Stream 2 AG and its German CEO, Matthias Warnig,

 CNN and Axios have reported from Washington. Seeking to avoid serious damage to the Germany-US relationship, President Biden apparently has decided to sanction Russian ships and subcontractors, the reports say, citing Washington officials. With the 1,230 km long pipeline 95% complete, it seems that the Russia-Germany gas line will be finished this summer – sanctions or no sanctions.

The Baltic Sea pipeline bypasses Ukraine and will concentrate enormous power in Germany as the main distributor of Russian natural gas to the EU

. It will also deprive Ukraine of $1-2 billion in gas transit revenues and remove a brake on Russian behavior. Axios writes: “Bypassing Ukraine with a direct pipeline to Germany is an opportunity for Russia to advance its goal of isolating its former client state, now a fledgling democracy, from Western Europe.”