Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Russia's Lavrov says potential bankruptcy or sale of Nord Stream 2 gas pipeline operator would be theft
    Finance

    Russia's Lavrov says potential bankruptcy or sale of Nord Stream 2 gas pipeline operator would be theft

    Russia's Lavrov says potential bankruptcy or sale of Nord Stream 2 gas pipeline operator would be theft

    Published by Global Banking and Finance Review

    Posted on January 14, 2025

    Featured image for article about Finance

    MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to "theft".

    Lavrov, speaking at a news conference in Moscow, was commenting on the matter after a court in Switzerland extended the deadline for Nord Stream 2 AG, a unit of Russia's Gazprom, to restructure its debts to May 9 from Jan. 10.

    The court also said that Swiss-registered Nord Stream 2 AG had to pay off its debts to small-scale creditors in full within 60 days.

    The Wall Street Journal reported in November that a U.S. financier wanted to buy Nord Stream 2.

    Nord Stream 2 completed the $11 billion project in 2021 to pump gas from Russia to Germany. But Germany halted the plan as relations with Moscow broke down ahead of Russia's war in Ukraine, while the United States imposed sanctions.

    In September 2022, one of the two lines of the Nord Stream 2 pipeline was damaged by mysterious blasts, along with both lines of Nord Stream 1.

    (Reporting by Vladimir Soldatkin and Dmitry Antonov; Writing by Anastasia Teterevleva; Editing by Andrew Osborn)

    Related Posts
    Samsung Biologics to buy its first US drug production facility from GSK for $280 million
    Samsung Biologics to buy its first US drug production facility from GSK for $280 million
    Seatrium, Maersk settle dispute over $475 million contract for offshore wind vessel
    Seatrium, Maersk settle dispute over $475 million contract for offshore wind vessel
    Telecom Italia to hold Sunday board meeting on savings share conversion plan
    Telecom Italia to hold Sunday board meeting on savings share conversion plan
    Italy's Saipem wins offshore contract in Qatar for about $4 billion
    Italy's Saipem wins offshore contract in Qatar for about $4 billion
    US pursuing third oil tanker near Venezuela, officials say
    US pursuing third oil tanker near Venezuela, officials say
    France to build new aircraft carrier, Macron tells troops based in Gulf
    France to build new aircraft carrier, Macron tells troops based in Gulf
    Yen edges closer to intervention zone after BOJ rate decision
    Yen edges closer to intervention zone after BOJ rate decision
    Swiss interior minister open to social media ban for children
    Swiss interior minister open to social media ban for children
    Roche CEO points to higher future drug prices in Switzerland after US deal
    Roche CEO points to higher future drug prices in Switzerland after US deal
    US intercepts oil tanker off Venezuelan coast, officials say
    US intercepts oil tanker off Venezuelan coast, officials say
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Stellantis CEO says investments at risk in Europe after EU auto package
    Stellantis CEO says investments at risk in Europe after EU auto package

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Italy's TIM wins 1 billion euro court payout, eyes savings share conversion

    Italy's TIM wins 1 billion euro court payout, eyes savings share conversion

    Bangladesh holds state funeral for slain youth leader amid tight security

    Bangladesh holds state funeral for slain youth leader amid tight security

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    EU Council backs digital euro with both online and offline functionality

    EU Council backs digital euro with both online and offline functionality

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    Euro zone consumer confidence falls to -14.6 in December

    Euro zone consumer confidence falls to -14.6 in December

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    UK children's author David Walliams dropped by publisher after harassment allegations

    UK children's author David Walliams dropped by publisher after harassment allegations

    Germany removes dividend ban for Uniper, paving way for IPO

    Germany removes dividend ban for Uniper, paving way for IPO

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Golden Goose gets new majority owner as China's HSG buys stake from Permira

    Rubio says not concerned about escalation with Russia over Venezuela

    Rubio says not concerned about escalation with Russia over Venezuela

    ECB's Escriva expects monetary policy to remain steady

    ECB's Escriva expects monetary policy to remain steady

    View All Finance Posts
    Previous Finance PostBiden to issue executive order to ensure power for AI data centers
    Next Finance PostRussia's Lavrov says potential bankruptcy or sale of Nord Stream 2 gas pipeline operator would be theft