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Nord Stream 2 AG

Company Summary


As the creation of a joint venture was blocked by Poland, on 24 April 2017, Uniper, Wintershall, Engie, OMV and Royal Dutch Shell signed a financing agreement with Nord Stream 2 AG, a subsidiary of Gazprom responsible for the development of the Nord Stream 2 project. According to the agreement, each of five companies will provide €950 million, of which €285 million should be paid in 2017. The loan from the five companies will cover 50% of the project costs of €9.5 billion. The rest would be financed by Gazprom which remains the sole shareholder of Nord Stream 2 AG


Operational Regions

  • Russia
  • Europe

Related Entities

Recent news

  • 1/19/2022 - German Considering... (subscriber access)
  • 12/22/2021 - Russia Says Natural Gas... (subscriber access)
  • 12/20/2021 - Nord Stream 2 Begins... (subscriber access)
  • 12/17/2021 - Germany Not Planning to... (subscriber access)
  • 12/14/2021 - Germany Will Not Approve... (subscriber access)