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RSS FeedsNord Stream 2 AG and European energy companies sign financing Agreeme...
(World News Austria)

 
 

24 april 2017 17:14:44

 
Nord Stream 2 AG and European energy companies sign financing Agreeme...
(World News Austria)
 


The Nord Stream 2 project, being pursued by Gazprom, has taken today another important step towards its implementation, responding to the need of the European Union for additional gas imports and thereby improving security of supplies to Europe. Nord Stream 2 AG signed financing agreements for the Nord Stream 2 pipeline project with ENGIE, OMV, Shell, Uniper and Wintershall. These five European energy companies have committed to provide long-term financing for 50% of the total cost of the project, which is currently estimated to be EUR 9.5 bn. Each European company will fund up to EUR 950 mn. Gazprom is and will remain the sole shareholder of the project company, Nord Stream 2 AG. The...


 
24 viewsCategory: General > Europe > Austria
 
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