German insurers renew Nord Stream coverage – Reuters ...News

The move suggests that restoring the pipeline has not been ruled out, sources say Two major German insurance companies have renewed coverage of the damaged Nord Stream 1 gas pipeline, Reuters reported on Tuesday, citing sources. The pipeline, which runs under the Baltic Sea and is capable of carrying 55 billion cubic meters of gas annually, was the main direct route for natural gas deliveries from Russia to Germany before being sabotaged last September. It has been out of commission since then. The renewal of insurance by Allianz and Munich RE means that bringing the pipeline back into service has not been ruled o

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