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Nord Stream II preparing for bankruptcy

... project is about to declare bankruptcy in a few days. The company was in a state of collapse against the backdrop of Western sanctions and a Russian special operation that unfolded on the territory of Ukraine. It is reported that the application will be submitted to the Swiss court of Zug, which is competent to consider this ... ... 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,...

Total sale: Western investors get rid of Russian shares

... in London since 2011. The receipt included 4 ordinary shares and was valued at $21.64 in October 2021. Before the conflict in Ukraine turned into a ‘special operation’, $8.97 was offered for a receipt (data from February 23). Sanctions imposed by the United States and Great Britain have led to the fact that credit institutions are now forced to close ... ... 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 ...

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