For some context, North Stream 2 AG is registered in Switzerland and owned by Russian gas giant Gazprom. The firm is said to be considering filing for insolvency, as it attempts to settle claims ahead of a US sanction deadline for other entities to stop dealings with it.
That just adds more drama to the saga after the pipeline did not even begin operating after the pending certification in Germany was put on hold as a result of the whole Russia-Ukraine situation.
