Salem Radio Network News Thursday, February 2, 2023

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Nord Stream 2 pipeline firm gets 6-month stay of bankruptcy

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( ) -q-24- UNDATED (Correspondent Jeremy House) “sought the extension.”

A Swiss court has granted a six-month “stay of bankruptcy” to the operating company for the never-opened Nord Stream 2 pipeline.

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TAG: Correspondent Jeremy House reporting. German Chancellor Olaf Scholz’s government halted the certification process for the pipeline on Feb. 22.

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VERBATIM: The pipeline was built to bring Russian gas to Germany, but put on ice shortly before Russia invaded Ukraine in February. A regional court in the Swiss state of Zug extended the stay from January 10 through July 10 by. The company, Nord Stream 2 AG, is a subsidiary of Russia’s Gazprom but based in Zug. Its court-appointed administrator had sought the extension.

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