Nord Stream 2 will lose Swiss insurance, Bloomberg writes

The construction of the Nord Stream 2 pipeline will lose the insurance of the Swiss company Zurich Insurance Group due to the threat of US sanctions. According to Bloomberg, the company may be subject to sanctions against businesses that provide certification and insurance services for the pipeline. Zurich Insurance Group does not comment on the situation with specific customers, but emphasizes that it always acts within the legal framework.

Earlier, the Norwegian certification company DNV G and the Danish consulting firm Rambøll announced their refusal to participate in the project.

Nord Stream 2 envisages the construction of two trunk lines with a total capacity of 55 billion cubic meters of gas per year from the Russian coast through the Baltic Sea to Germany.

On January 1, the US Senate voted for a 2021 defense budget that increases the number of sanctions against Nord Stream 2, overcoming President Donald Trump’s veto.


Source: Вести.Ru by www.vesti.ru.

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