Norway apos;s DNV GL Suspends Nord Stream 2 Work Over U.S. Sanctions Fear

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Prosecutors accused Parnas and his partner of conning people into investing more than $2 million in their Florida-based start-up, Fraud Guarantee, only to withdraw much of it for personal uses, including political donations.

MOSCOW, Nov 26 (Reuters) - Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.

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District Court, Southern District of New York, No.
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Attorney Nicolas Roos defended the government's handling of the case, telling Oetken that prosecutors had not been able to access seven locked electronic devices from Parnas and Fruman that it had seized.

Nord Stream 2 will name the pipe-laying vessel it plans to use at a later date, it said in a statement Saturday.
It did not say when the work would be finished or how the other remaining sections of the pipeline would be laid.

While the $11 billion project is led by Russia's Gazprom, half of the funding comes from five European partners: Germany's Uniper and BASF's Wintershall unit, Anglo-Dutch oil company Shell, Austria's OMV and France's Engie.

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Construction of the 1,230 km pipeline is nearly finished but a final stretch of about 120 km still needs to be laid in Danish waters. It was not immediately clear what impact DNV GL's move would have on the project.

Nord Stream 2 is led by Russian gas giant Gazprom, with half of the funding provided by Germany's Uniper, BASF's Wintershall, Anglo-Dutch oil major Shell , Austria's OMV and gymophobics garforth Engie. (Reporting by Vladimir Soldatkin; Writing by Tom Balmforth; Editing by Christina Fincher)

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District Judge Paul Oetken in Manhattan, Lev Parnas and another former Giuliani associate, Belarus-born Igor Fruman, also pleaded not guilty to violating campaign finance laws and other charges in an amended indictment. At a hearing on Monday before U.S.

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"Under these new guidelines, we find DNV GL's verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable. DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA," DNV GL said in emailed comments.