Pipeline transport

Pipeline transport

Nord Stream sues insurers for €400mn over pipeline explosions

Lloyd’s of London among those hit by lawsuit in High Court

Nord Stream, the company behind the controversial gas pipeline that connects Russia to Germany, is taking legal action against insurers for failing to pay out over €400 million in claims related to pipeline explosions. The lawsuit, filed in the High Court, names Lloyd’s of London among the insurers being sued. The explosions have raised concerns about the safety and environmental impact of the pipeline, which has faced opposition from various European countries.