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April 2023 | 189 comments (189 topical, editorial, 0 hidden)
4 April 2023 price cap mania (none / 0)
Exclusive: German insurers renew cover for blast-damaged Nord Stream gas link
German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack.
< wipes tears >
The insurance stands in contrast to Germany's public stance of severing ties with Moscow, but one of the five sources said the German government had not opposed the cover. Most Western investors have written off their stakes in the pipeline.
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All of the insurance industry and trade sources declined to be named because of the sensitivity of the issue.
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'OLD LOGIC'
[...]
by Cat on Tue Apr 4th, 2023 at 02:15:29 PM EST
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April 2023 | 189 comments (189 topical, 0 editorial, 0 hidden)
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