A Swiss court has given the gas pipeline operator more time to avoid insolvency A court in Switzerland has suspended bankruptcy proceedings for the operator of the Nord Stream 2 pipeline for another six months until July 10, 2023, the court announced in the Swiss Official Gazette of Commerce on Wednesday. The pipeline was fully completed and ready for launch in September 2021, but its certification was delayed and eventually blocked by Germany in early February due to US sanctions. After $11 billion was spent on its construction, it now stands idle and its operator is scrambling to avoid insolvency. This is the
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