Published 2 months ago

Nord Stream sues insurers in London over 2022 pipeline blasts

Summary by Ground News

Switzerland-based energy consortium Nord Stream has launched a lawsuit against insurers including Lloyds of London and Arch Insurance. The contractual disputes relate to the ruptured pipelines Nord Stream 1 and 2, which were designed to transport Russian gas to western Europe. After an underwater explosion in 2022, most of the infrastructure was damaged, causing energy prices to rocket.

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The Telegraph

Nord Stream sues insurers for €400m over pipeline blasts

Lloyd’s of London among defendants as Swiss-based company seeks damages for 2022 explosions

2 months ago·London, United Kingdom

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The Straits Times

Nord Stream sues insurers in London over 2022 pipeline blasts

LONDON - Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show. Read more at straitstimes.com.

2 months ago·Singapore

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Arab News

Nord Stream sues insurers in London over 2022 pipeline blasts

LONDON: Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show. Nord Stream AG names Lloyd’s Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London’s High Court last month. Switzerland-based Nord Stream confirmed in an email there is a contractual dispute i…

2 months ago·Riyadh, Saudi Arabia

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Adevarul

Nord Stream AG sues insurance companies over explosions at its gas pipelines

Nord Stream AG is demanding more than 400 million euros from its insurers following the 2022 explosions that destroyed gas pipelines in the Baltic Sea intended to carry gas from Russia to Germany.

2 months ago·Romania

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Oil & Gas 360

Nord Stream sues insurers in London over 2022 pipeline blasts

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

2 months ago·Denver, United States

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