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Nord Stream 2 now a dead giant under the Baltic

GAZPROM subsidiary Nord Stream 2 AG—the Swiss entity that owns the pipeline—has fired its workforce attached to the project, and filed for bankruptcy.

File photo: gravestone

File photo: gravestone

The move comes as the US last week sanctioned Nord Stream 2 AG, and as the value of Gazprom shares on the Moscow Stock Exchange have lost over 40% of their value in the last fortnight.  The Wall Street...

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