Nord Stream 2 AG, operator of Nord Stream 2 gas pipeline, has filed for bankruptcy. TASS reports with reference to television of Switzerland.
Earlier it was reported that the company may begin bankruptcy proceedings this week in connection with the sanctions imposed by the United States.
Nord Stream 2 AG was established by a subsidiary of Russian Gazprom, Gazprom International Projects LLC, and registered in Switzerland. At the end of 2021, it completed the construction of Nord Stream 2, which was supposed to double the volume of Russian gas supplies to Europe. The gas pipeline runs from the Russian Federation to Germany along the bottom of the Baltic Sea, bypassing the Baltic States, Poland and Ukraine. Its capacity is estimated at 55 billion cubic meters of gas per year.
Today is the seventh day of fighting in Ukraine. On February 24, 2022, the Russian President Vladimir Putin announced start of a special military operation. It was regarded in Ukraine and in the West as a full-scale invasion. Severe economic sanctions began to be imposed on Russia on February 25. The number of casualties, both among military personnel of both countries and civilians, is increasing. The number of Ukrainian refugees fleeing to Europe is growing. Protests against Russia’s actions are taking place in many countries around the world.
By the evening of February 27, almost all European countries closed their airspace for Russian airlines. The NATO states and the United States not only increased financial assistance to Ukraine, but also began supplying weapons. Tough sanctions have been imposed on Russia. The package of sanctions is increasing every day.
Hostilities continued on February 28. Against this background, the first round of Russian-Ukrainian talks took place. Details are not reported. The parties will consult with their leadership and set a date for the second round of talks.
