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Reuters: Germany's Bilfinger drops out of Nord Stream 2 pipeline

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World Pipelines,


German construction and engineering group Bilfinger has withdrawn from work related to the construction of the Nord Stream 2 gas pipeline, German tabloid Bild reported, citing letters it has obtained.

Concerned over looming US sanctions targeting companies associated with the project, Bilfinger has recently informed the United States as well as Nord Stream 2 AG, a subsidiary of Russia’s Gazprom, about the decision.

Bilfinger had been contracted to develop, deliver and operate process control and safety systems for the controversial pipeline as well as supply a gas-fired heating generation unit, Bild reported.

A spokeswoman for Bilfinger declined to comment.

The news comes as the U.S. Treasury Department on Tuesday slapped sanctions on a vessel helping to build the pipeline to take Russian natural gas to Europe via Germany. (Reporting by Christoph Steitz; editing by Thomas Seythal)

This article was published by Reuters: https://reut.rs/3slp1XY

 

For more news and technical articles from the oil and gas pipeline industry, read the latest issue of World Pipelines magazine.

World Pipelines’ February 2021 issue

The February 2021 issue of World Pipelines includes: a report on Australasian pipelines; an interesting look at the need to protect pipeline information from the Freedom of Information Act (USA); analysis of Ukraine’s place in the global gas sector; and technical articles on subsea repair, coatings, ILI and SCADA systems.

Read the article online at: https://www.worldpipelines.com/business-news/25022021/reuters-germanys-bilfinger-drops-out-of-nord-stream-2-pipeline/

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