Operator Of Nord Stream 2 Fires All Employees After US Sanctions

Update: In a brief statement released this morning, Nord Stream 2 said that “We cannot confirm the media reports that Nord Stream 2 has filed for bankruptcy.”

Switzerland-based Nord Stream 2 AG “only informed the local authorities that the company had to terminate contracts with employees following the recent geopolitical developments leading to the imposition of U.S. sanctions on the company.”

Additionally, the company said that it “can confirm that we have taken down this website due to serious and continuous attacks from outside.”

“Unfortunately, our mobile and fixed network lines are also not reachable – at least for the time being.

Swisscom was not able to provide a proper mobile phone number transfer, as promised and negotiated.”

(…)

As Isabel van Bruegn detailed via The Epoch Times earlier, the operator of Nord Stream 2 has terminated all contracts with employees after it was hit with U.S. sanctions following Russia’s invasion of Ukraine.

The Nord Stream 2 gas pipeline project represents an $11 billion investment from Russia and is designed to carry 55 billion cubic meters of natural gas from Russia to Germany every year. It is registered in Switzerland and owned by Russian state-owned gas giant Gazprom. – READ MORE