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Home | AMERICA | Lobbyists Cutting Ties To Russian Pipeline After Cashing In

Lobbyists Cutting Ties To Russian Pipeline After Cashing In

February 26, 2022 by DC Editors Leave a Comment

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Lobbyists Cutting Ties To Russian Pipeline After Cashing InSome lobbyists who have benefitted from partnering with Russia are now distancing themselves from Moscow as Putin becomes an open enemy to the West following his invasion of Ukraine. This article by Anna Massoglia is published by Open Secrets. Here is an excerpt:

Lobbyists are distancing themselves from foreign companies partnering on Russia’s Nord Stream 2 pipeline project after lobbying for them for a total of $17 million since 2017.

According to Politico, three lobbying firms severed ties with companies partnering on the Nord Stream 2 natural gas pipeline. 

The terminations bring a multimillion dollar lobbying push to a halt as President Joe Biden announces sanctions on the company constructing the Nord Stream 2 pipeline and Germany pauses certification of the pipeline.

Foreign companies partnering on Russia’s Nord Stream 2 have spent heavily on lobbying around the pipeline project, which would deliver Russian natural gas to Germany while bypassing Ukraine. Those companies collectively spent more than $6.6 million on 2021 lobbying related to the pipeline and issues such as “natural gas as an element of European energy security.”

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Filed Under: Democracy in America Tagged With: American Corruption, Money Politics, Political Lobbying, Russia

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