Germany Looks To Protect Russia-Led Nord Stream 2 From US Sanctions

The German state where the controversial Russia-led natural gas pipeline Nord Stream 2 is planned to land has proposed the creation of a state-protected foundation that would hold the assets of Nord Stream in a bid to protect the project from U.S. sanctions, Bloomberg reported on Friday, citing a proposal of the provincial government of Mecklenburg–West Pomerania. The proposal is to hold the Nord Stream 2 assets inside a foundation whose official purpose will be to protect the environment, according to the document Bloomberg has seen.  …