https://sputnikglobe.com/20241122/us-investor-lynch-eyes-nord-stream-2-purchase-citing-strategic-value-for-us-1120959788.html
US Investor Lynch Eyes Nord Stream 2 Purchase, Citing Strategic Value for US
US Investor Lynch Eyes Nord Stream 2 Purchase, Citing Strategic Value for US
Sputnik International
American investor Stephen P. Lynch has expressed an interest in buying the Nord Stream 2 pipeline if it is put up for auction as part of the bankruptcy proceedings in Switzerland, the American newspaper writes.
2024-11-22T09:28+0000
2024-11-22T09:28+0000
2024-11-22T09:28+0000
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"An American investor with a history of dealmaking in Russia has asked the U.S. government to allow him to bid on the sabotaged Nord Stream Pipeline 2 if it comes up for auction in a Swiss bankruptcy proceeding," the report said.According to sources cited by the newspaper, Lynch expressed determination to buy the $11 billion Nord Stream 2 pipeline and applied to the US Treasury in February for a license to negotiate its construction with entities under US sanctions, noting that many investors might avoid the auction due to the difficult geopolitical situation.Lynch has advocated to US officials and lawmakers that owning the pipeline would give the United States a powerful tool in negotiating peace with Russia to resolve the conflict in Ukraine, while also supporting broader American strategic objectives.The Nord Stream 1 and Nord Stream 2 gas pipelines, built to deliver gas under the Baltic Sea from Russia to Europe, were hit by explosions on September 26, 2022. Germany, Denmark, and Sweden have not ruled out deliberate sabotage. The Russian Prosecutor General's Office has opened an investigation into it as an act of international terrorism. Russia has repeatedly requested information on other countries' investigations into the explosions, but never received it, Kremlin spokesman Dmitry Peskov has said.
https://sputnikglobe.com/20241115/german-afd-urges-un-to-investigate-nord-stream-and-potential-government-role-1120893484.html
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american investor stephen p. lynch, nord stream 2 pipeline, bankruptcy proceedings, gas pipeline
american investor stephen p. lynch, nord stream 2 pipeline, bankruptcy proceedings, gas pipeline
US Investor Lynch Eyes Nord Stream 2 Purchase, Citing Strategic Value for US
American investor Stephen P. Lynch has expressed an interest in buying the Nord Stream 2 pipeline if it is put up for auction as part of the bankruptcy proceedings in Switzerland, The Wall Street Journal reports.
"An American investor with a history of dealmaking in Russia has asked the U.S. government to allow him to bid on the sabotaged Nord Stream Pipeline 2 if it comes up for auction in a Swiss bankruptcy proceeding," the
report said.
According to sources cited by the newspaper, Lynch expressed determination to buy the $11 billion
Nord Stream 2 pipeline and applied to the US Treasury in February for a license to negotiate its construction with entities under US sanctions, noting that many investors might avoid the auction due to the difficult geopolitical situation.
Lynch has advocated to US officials and lawmakers that owning the pipeline would give the United States a powerful tool in negotiating peace with Russia to resolve the conflict in Ukraine, while also supporting broader American strategic objectives.
“The bottom line is this: This is a once-in-a-generation opportunity for American and European control over European energy supply for the rest of the fossil-fuel era,” the newspaper quotes Lynch as saying.
The Nord Stream 1 and
Nord Stream 2 gas pipelines, built to deliver gas under the Baltic Sea from Russia to Europe, were hit by explosions on September 26, 2022. Germany, Denmark, and Sweden have not ruled out deliberate sabotage. The Russian Prosecutor General's Office has opened an investigation into it as an act of international terrorism. Russia has repeatedly requested information on other countries' investigations into the explosions, but never received it, Kremlin spokesman Dmitry Peskov has said.
