The operator of the Nord Stream 2 gas pipeline has terminated contracts with all its employees after it was hit with U.S. sanctions following Russia’s invasion of Ukraine.
Nord Stream 2 AG was sanctioned by the United States last week after Russia recognized two breakaway regions in eastern Ukraine prior to its invasion of the country, which has prompted a wave of economic sanctions by the West. The company, which is registered in Switzerland, is owned by Russian state-owned gas giant Gazprom.
