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The Bloomberg reporting agency points out, based on its own sources, that Zurich Insurance Group is one of several insurers in the Nord Stream 2 project.
Det Norske Veritas Holding, an internationally accredited certification company based in Norway, and Danish consulting firm Ramboll, which was based in Norway, received earlier comments from the US Department of State on compliance with the European Law on Energy Security (PEESA).
10 billion EUR Pipeline construction at 94 percent. Its implementation in late 2019 was frozen for almost a year due to US sanctions later approved by US President Donald Trump.
Construction of the pipeline resumed last month with special vessels rebuilt by Russia during the year.
Reuters / Photo by Scanpix / Nord Stream 2 pipelines in Mukran port
We passed this year’s US defense budget for tougher and more extended sanctions against Russia-led Nord Stream 2 and TurkStream pipeline projects.
In addition to the United States, European countries such as Poland, Ukraine, Lithuania and two other Baltic countries are vehemently opposed to the gas pipeline, fearing that the continent will become more dependent on Russian gas supplies and that Moscow may use it as a means of political influence. .
Nord Stream 2, which is being laid at the bottom of the Baltic Sea, would double the volume of Russian gas delivered to Germany, Europe’s largest economy. German Chancellor Angela Merkel continues to strongly support the project, despite harsh criticism at home and beyond.
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