Nord Stream 2 terminates contracts with employees following sanctions
Reuters
Published Mar 01, 2022 07:09AM ET
MOSCOW (Reuters) - The operator of the Russia-led gas pipeline project Nord Stream 2 said on Tuesday it had to terminate contracts with employees because of U.S. sanctions.
The United States imposed sanctions on Nord Stream 2 AG last week after Russia recognised two breakaway regions in eastern Ukraine prior to its invasion of the country. A wave of economic sanctions by the West has followed.
"Following the recent geopolitical developments leading to the imposition of U.S. sanctions on Nord Stream 2 AG, the company had to terminate contracts with employees. We very much regret this development," it said in an emailed statement.
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Written By: Reuters
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