Norway's DNV GL suspends Nord Stream 2 work over U.S. sanctions fear

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Construction of the 1,230 km pipeline is nearly finished but a final stretch of about 120 km still needs to be laid in Danish waters. It was not immediately clear what impact DNV GL’s move would have on the project.

The eastern European country of 3.5 million, where the West and Russia vie for influence, has been rocked in recent years by instability and corruption scandals, including the disappearance of $1 billion from the banking system.

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MOSCOW, Nov 26 (Reuters) – Norway’s risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia’s Gazprom for fear of being sanctioned by the United States, it said on Thursday.

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DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA,” DNV GL said in emaіled comments. “Under these new guidelines, we find DNV GL’s verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable.

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