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

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

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