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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 of the Russian gas pipeline due to competition with the liquefied natural gas available in the United States - its supplies ...

Nord Stream II preparing for bankruptcy

The operator of the Nord Stream 2 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 ... ... 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,...

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