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Wintershall still interested in Nord Stream-2 project

August 12, 2016, 21:35 UTC+3 BERLIN
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BERLIN, August 12. /TASS/. Germany’s Wintershall is still interested in implementation of the Nord Stream-2 gas pipeline project, a company’s representative said on Friday.

"We will not come into Nord Stream 2 AG but are still highly interested in implementing this project and remains the partner, DPA news agency cited Wintershall’s representative. The decision will not affect construction of the Nord Stream-2 gas pipeline, he added.

Gazprom, Engie, OMV, Shell, Uniper, and Wintershall submitted their joint response to the Statement of Objections of the Polish antimonopoly authority in the merger control proceedings regarding the planned creation of a joint venture among the applicants earlier today. , according to the companies’ joint press release published on Friday. The applicants decided then to jointly withdraw their merger control notification from the Polish competition authority. Each applicant will independently look for opportunities of contributing into the project, companies said in the press release.

The Nord Stream-2 project includes the construction of two lines of the offshore gas pipeline with a total capacity of 55 bln cubic meters of gas a year from Russia to Germany under the Baltic Sea, in addition to the existing two lines. The project is to be implemented by the new engineering company New European Pipeline AG. The stakes of partners in Nord Stream 2 AG will be distributed as follows: Gazprom will hold 50%, while Uniper, BASF/Wintershall, Shell, OMV and ENGIE will own 10% each.

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