Nord Stream 2 AG
The sanctions which target the Nord Stream 2 AG company and its CEO Matthias Warnig add to pressure on the Baltic Sea project that was designed to double the gas flow capacity from Russia to. Nord Stream 2 AG is a registered Swiss firm that belongs to Gazprom.
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Gazprom Gazprom is a.
. Biden stressed that this decision was preceded by close consultations with the German government which had suspended further certification of the Russian pipe the day before due to the invasion of Russian troops in eastern Ukraine. Nord Stream 2s shareholder and financial investors have a great deal of experience in the business of extracting natural gas building transport networks and bringing gas reliably and safely to the markets where it is required. Nord Stream 2 AG signed financing agreements for the project with ENGIE OMV Shell Uniper and Wintershall Dea.
The Foundation was also endowed with 20 million from Nord Stream 2 AG a Switzerland-based company owned by Gazprom PAO according to a company. Gazprom owns the entire pipeline but paid half the costs with the rest shared by Shell Austrias OMV Frances Engie and. Nord Stream 2 AG said in a statement on January 26 that the subsidiary Gas for Europe GmbH would become the owner and operator of the 54-kilometer section of the undersea pipeline in German.
Today I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers the document said.
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