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Nord Stream II preparing for bankruptcy

... staff (106 employees). The project was actually ready to be launched on December 29, 2021. This was reported by the head of the Gazprom Сompany, which owns the pipeline. Due to the project, in which the largest concerns of the energy and oil market (Shell,... ... ability to completely free itself from Russian energy dependence even in a few months. On February 23, US authorities imposed sanctions against Nord Stream II. President Joe Biden commented on his decision with reference to the actions of the head of the ...

Russia's plans to sell gas for rubles did not suit buyers

... Vladimir Putin. According to Shun'ichi Suzuki, the Japanese authorities will study this issue, tracking the possible risks of sanctions imposed by Tokyo on the Russian economy. We should recall that, according to the logic of the Russian authorities, the ... ... to buy rubles from Russia in order to pay for energy resources with them. Russian experts believe that in this case, "Gazprom" will be put in a situation of shortage of foreign exchange earnings. At the same time, for a number of projects ...

Total sale: Western investors get rid of Russian shares

... investors were shocked. Falling records were shown by the shares of Rosneft, Lukoil and a number of other companies. In particular, Gazprom lost more than 70% of its value in one day, and its securities were traded at $0.78. Rostelecom and AFK Sistema turned ... ... could be the result of technical factors. Securities could be purchased by funds that are not subject to European or American sanctions. In general, according to sources, the MSCI Russia index showed a decrease in capitalization by 22%. By the end of the ...

18 EUROPEAN COMPANIES BACK OUT OF NORD STREAM 2

... Baltic Sea from Russia to Germany. At the moment, the work on it is almost completed, but the influence of the United States makes it difficult to finish it. The construction process was planned to be completed in 2019, but this did not happen due to sanctions. Despite all the difficulties, Russia intends to complete the construction, but has not named any dates yet. Gazprom company explains it by the influence of the various factors, including weather. It is worth noting that the total cost of Nord Stream 2 construction is estimated at $ 11 billion. According to many experts, the American side is opposing the construction ...

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