Nord Stream 2 Construction Company Avoids Bankruptcy For A Third Time ...Middle East

The company responsible for the construction of the Nord Stream 2 pipeline received a six-month stay of bankruptcy, shielding it from creditors, the AP reported, noting the stay will last from January 2023 to June the same year. The gas pipeline, which doubled the capacity of its twin pipeline Nord Stream 1 to 110 billion cubic meters, was among the first targets of sanction action from Europe against Russia, even before its invasion of Ukraine. Two days before Russian troops entered eastern Ukraine, Germany’s government said it would not…

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