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Eastern Economic Forum

Nord Stream-2 strategically important for securing gas supply to Europe — Gazprom

A TASS correspondent reported earlier that Russian gas giant Gazprom signed a shareholder agreement on the Nord Stream-2 in order to increase natural gas supplies to the European Union

© EPA/FILIP SINGER

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VLADIVOSTOK, September 4. /TASS/. Gazprom and E.ON discussed current issues and prospects of developing cooperation in the energy sphere at the Eastern Economic Forum in Russia’s Far Eastern city of Vladivostok, the gas giant’s press service said on Friday.

"Special attention was paid to raising efficiency of Russian gas supply to consumers in Germany and Europe in general. In particular, the discussion focused on the successful implementation of the Nord Stream project," the press service said.

The working meeting took place with participation of Gazprom head Alexey Miller and E.ON Board Member Klaus Schaefer. The participants noted the importance of constructing the Nord Stream-2 gas pipeline. They also stressed the strategic importance of this export channel and its significance for ensuring stability of gas supply to Europe.

Gazprom signs shareholders' agreement on Nord Stream-2

A TASS correspondent reported earlier that Russian gas giant Gazprom signed a shareholder agreement on the Nord Stream-2 in order to increase natural gas supplies to the European Union.

The document was signed by Chairman of the Board of Gazprom Alexey Miller, Chairman of BASF SE Kurt Bock, a board member of E.ON SE Klaus Schaefer, Deputy Director General of ENGIE Pierre Chareyre, OMV AG Chairman of the Board Dr. Rainer Seele and CEO of Royal Dutch Shell Ben van Burden.

The project will be implemented by the joint project company New European Pipeline AG. In this company Gazprom" will hold 51%, E.ON, Shell, OMV and BASF / Wintershall - 10% each, Engie - 9%

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Oil & Gas Gazprom Nord Stream Eastern Economic Forum

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