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Bankruptcy of Nord Stream 2 AG suspended until autumn

The operator of Nord Stream 2 received a temporary moratorium on bankruptcy from a court in Switzerland. On May 10, the court of the canton of ... ... decision of the German authorities on February 22 to completely stop certification, and on February 23 it became known about sanctions against the company imposed by the United States.

Nord Stream 2 management company to launch bankruptcy proceedings

Swiss company Nord Stream 2 AG, acting as an operator of Nord Stream 2, is going to resort to insolvency proceedings. This is connected with the sanctions that were previously imposed on the enterprise in connection with the geopolitical situation around Ukraine. It is ... ... early as this week. Nord Stream 2 AG was created by Gazprom to implement a project to double the capacity for pumping gas from Russia to Germany. The cost of the project, which is currently almost completed, amounted to $11 billion. The pipeline with a ...

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