TurkStream Pipeline Has License Revoked As New Sanctions Come Into Effect

TurkStream Pipeline Has License Revoked As New Sanctions Come Into Effect

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Dutch authorities have withdrawn the export license of the company operating the TurkStream gas pipeline from Russia to Turkey, the company, which is based in the Netherlands, said. South Stream Transport noted, however, that the flow of gas will continue as it applies for a new license, Reuters reported, citing the company. The revocation of the license was prompted by new EU sanctions against Russia. "Throughout 2022, the European Union periodically imposed additional sanctions aimed at restricting companies’ exports of materials, technology…

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