[Federal Register Volume 87, Number 101 (Wednesday, May 25, 2022)]
[Notices]
[Pages 31923-31924]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-11186]


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DEPARTMENT OF STATE

[Public Notice 11739]


Notice of Department of State Sanctions Actions Pursuant to the 
Protecting Europe's Energy Security Act (PEESA), as Amended

SUMMARY: The Secretary of State has terminated the waiver of sanctions 
on certain persons under the Protecting Europe's Energy Security Act 
(PEESA), as amended and imposed sanctions on one entity and one 
individual pursuant to PEESA.

DATES: The Secretary of State's determination regarding termination of 
the waiver of sanctions regarding the one entity and one individual, 
and imposition of sanctions on the one entity and one individual are 
identified in the SUPPLEMENTARY INFORMATION section. These sanctions 
were effective on February 23, 2022. See Supplementary Information 
section.

FOR FURTHER INFORMATION CONTACT: Anthony Musa, [email protected], Phone: 
(202) 647-1925.

[[Page 31924]]


SUPPLEMENTARY INFORMATION: Pursuant to Section 7503(a)(1)(A) of PEESA, 
as amended, the Secretary of State, in consultation with the Secretary 
of the Treasury, shall submit every 90 days a report to the appropriate 
congressional committees that identifies vessels that engaged in pipe-
laying or pipe-laying activities at depths of 100 feet or more below 
sea level for the construction of the Nord Stream 2 pipeline project, 
the Turkstream pipeline project, or any project that is a successor to 
either such project. Pursuant to Section 7503(a)(1)(B) of PEESA, as 
amended, the Secretary of State, in consultation with the Secretary of 
the Treasury, shall also include in the report foreign persons that the 
Secretary of State, in consultation with the Secretary of the Treasury, 
determines have knowingly sold, leased, or provided, or facilitated 
selling, leasing, or providing, those vessels for the construction of 
such a project. Pursuant to Section 7503(c) of PEESA, as delegated, the 
Secretary of the Treasury, in consultation with the Secretary of State, 
shall exercise all powers granted to the President by the International 
Emergency Economic Powers Act to the extent necessary to block and 
prohibit all transactions in all property and interests in property of 
any person identified under subsection (a)(1)(B) of PEESA if such 
property and interests in property are in the United States, come 
within the United States, or are or come within the possession or 
control of a United States person. Pursuant to Section 7503(f) of 
PEESA, as delegated, the Secretary of State, in consultation with the 
Secretary of the Treasury, may waive application of sanctions under 
PEESA if the Secretary of State determines that the waiver is in the 
national interests of the United States and submits to the appropriate 
congressional committees a report on the waiver and the reasons for the 
waiver. Pursuant to E.O. 13049, with respect to any foreign person 
identified by the Secretary of State, in consultation with the 
Secretary of the Treasury, in a report to the Congress pursuant to 
section 7503(a)(1)(B) of PEESA, all property and interests in property 
of such person that are in the United States, that hereafter come 
within the United States, or that are or hereafter come within the 
possession or control of any United States person are blocked and may 
not be transferred, paid, exported, withdrawn, or otherwise dealt in.
    On May 19, 2021 The Secretary of State determined, pursuant to 
Section 7503(a)(1)(B)(ii) of PEESA, as amended, that Nord Stream 2 AG 
and Matthias Warnig had knowingly, on or after January 1, 2021, 
facilitated deceptive or structured transactions to provide the pipe-
laying vessel FORTUNA for the construction of the Nord Stream 2 
pipeline project. On May 19, 2021, pursuant to section 7503(f) of 
PEESA, as amended, the Secretary of State determined that it was in the 
national interest of the United States to waive the application of 
sanctions on Nord Stream 2 AG, Matthias Warnig, and Nord Stream 2 AG 
corporate officers and submitted a report on the waivers and the reason 
for the waivers to the appropriate congressional committees. On 
February 23, 2022, the Secretary determined that the waiver of 
sanctions on Nord Stream 2 AG, Matthias Warnig, and Nord Stream 2 AG 
corporate officers is no longer in the national interest of the United 
States and accordingly terminated the waivers. Therefore, on February 
23, 2022, Nord Stream 2 AG and Matthias Warnig were added to the 
Specially Designated Nationals and Blocked Persons List (SDN List) 
pursuant to PEESA and E.O. 13049. All property and interests in 
property of these persons that is subject to U.S. jurisdiction are 
blocked.
[GRAPHIC] [TIFF OMITTED] TN25MY22.005

    NORD STREAM 2 AG (a.k.a. NEW EUROPEAN PIPELINE AG), Baarerstrasse 
52, Zug 6300, Switzerland; Gotthardstrasse 2, Zug 6300, Switzerland; 
Bahnhofstrasse 10, Zug 6301, Switzerland; Identification Number CHE-
444.239.548 (Switzerland); Business Registration Number CH-
170.3.039.850-1 (Switzerland); Business Registration Number CH-
170.3.039.850-1 (Switzerland) [PEESA-E-14039].

Whitney Baird,
Principal Deputy Assistant Secretary of State, Bureau of Economic and 
Business Affairs, Department of State.
[FR Doc. 2022-11186 Filed 5-24-22; 8:45 am]
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