Sanctions update: Last ditch effort to stop NordStream 2 and TurkStream 2

Summary:

Gas pipeline sanctions added to NDAA bill. Senator Cruz and the other sponsors of the Protecting Europe’s Energy Security Act (PEES) have managed to add some elements of their bill as an amendment to the 2020 National Defense Authorization Act (NDAA). The amendment has been approved by the House of Representatives and (at the time of writing) is expected to be approved by the Senate. The NDAA is described as “veto proof” given its importance for the military and the economy, so President Trump will sign it into law.

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