News Digest Item
29 Mar 2017

“Wintershall clings to Nord Stream 2 gas pipeline”

Frankfurter Allgemeine Zeitung

German oil and gas exploration company Wintershall continues its involvement with the Nord Stream 2 gas pipeline from Russia to Germany via the Baltic Sea, despite resistance from eastern European states, Frankfurter Allgemeine Zeitung reports. Wintershall CEO Mario Mehren said Russian fossil fuel reserves were essential to European energy security. Kurt Bock, CEO of Wintershall’s parent company BASF, met with Russian President Vladimir Putin recently to advance the project, according to Frankfurter Allgemeine. Putin said Europe’s gas demand was growing while domestic production declined, making Nord Stream 2 “the natural answer.”

See the CLEW factsheet Germany’s dependence on imported fossil fuels for background.  

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