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Nord Stream 2 AG

Company Summary

Description

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

Website

https://www.nord-stream2.com

Operational Regions

  • Russia
  • Europe

Related Entities

Recent news

  • 10/5/2021 - Nord Stream 2 Beings... (subscriber access)
  • 9/16/2021 - Russia Says Nord Stream... (subscriber access)
  • 9/14/2021 - Nord Stream 2 Completes... (subscriber access)
  • 9/13/2021 - U.S. Provides... (subscriber access)
  • 9/9/2021 - Russia Planning to Start... (subscriber access)