News Digest Item
25 Apr 2017

“Nord Stream 2 AG and European energy companies sign financing agreements”


Financing issues regarding the contentious offshore gas pipeline Nord Stream 2 could be resolved with the signing of agreements for the project with ENGIE, OMV, Shell, Uniper and Wintershall. The five European energy companies will together provide 50 percent of the total cost of the project (950 million euros each), and Russian Gazprom the rest, according to a press release. Gazprom is - and will remain - the sole shareholder of the project company, Nord Stream 2 AG, says Gazprom.

Find the press release in English here.

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