German company Wintershall Dea has finally deleted its stake in Nord Stream after an emergency occurred in its natural gas pipeline. In this respect reported on the company’s website.
“Due to the geopolitical situation, it is impossible to predict the timing and costs of restoring the gas transmission infrastructure and as a result, Wintershall Dea completely wiped out its investment,” the report said.
Nord Stream AG owns Nord Stream. At the same time, Gazprom International Projects (51%), Wintershall Dea AG and PEG Infrastruktur AG (E.ON) (15.5%), NV Nederlandse Gasunie and Engie (9%) have shares in the project.
The events in Nord Stream and Nord Stream 2 occurred on September 26, 2022. Germany, Denmark and Sweden said sabotage was likely. In contrast, operator Nord Stream AG reported that the incident was unprecedented and it was impossible to predict the repair time.
January 17 Interfax reportedGermany’s Wintershall Dea announced its intention to leave Russia, following the decision of the President and Government of the Russian Federation to introduce regulated prices for the products and services of joint ventures, which it calls “economic nationalization”.
Prior to that, Russian President Vladimir Putin signed a decree prohibiting Gazprom from purchasing gas and services from joint ventures with Austrian OMV and German Wintershall Dea at a price higher than the established price until October 1, 2023. Russian government.