Friday, August 12, 2016

German Wintershell not enter the consortium Nord Stream 2 – Onet.pl

“We’re not enter into Nord Stream AG 2, although we are still very interested in the project and we remain a partner,” – said the representative of the German company, quoted by the agency dpa. He added that according to him, the decision will not affect the implementation of the Nord Stream 2.

Dpa reported that Wintershall had have 10 percent. stake in the consortium. Agency adds that after the withdrawal of Western energy companies Gazprom remains the only participant in the project.

Previously, six shareholders planned consortium announced that they were withdrawing the request for consent of the Polish Office of Competition and Consumer Protection on the concentration and the establishment of the company in Switzerland. The statement stressed that each of them alone would seek the opportunity to participate in the project.

OCCP in response announced that the withdrawal of the proposal means that it will not be possible to create the six parties of the joint venture, which was to take care of the construction of the Nord Stream 2.

last year, the shareholders of Nord Stream 2, six companies: OAO Gazprom of Russia, Uniper SE of Germany, Engi from France, OMV AG of Austria, the Anglo-Dutch Royal Dutch Shell plc and the German BASF SE / Wintershall Holding GmbH approached the Polish antitrust authority for permission to allow the establishment of the company in Switzerland.

the company would have to design, finance, build and operate two parallel subsea pipelines. They run from the Russian coast of the Baltic Sea to the starting point near Greifswald in northeastern Germany. Their total capacity is 55 billion cubic meters of gas a year.

July 22 Office of Competition and Consumer Protection announced it has reservations about the construction of the Nord Stream pipeline 2. He considered that the formation of a group that would build and operate the pipeline Nord Stream 2, and so strengthen the strong position of Gazprom in Poland.

the consortium had four weeks to refer to the reservations office.

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