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5 European energy firms to fund Gazprom’s gas pipeline project

THE HAGUE, NETHERLANDS: Five European energy companies – Royal Dutch Shell plc (Shell), Engie, OMV, Uniper SE and Wintershall Holding GmbH have signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and future operation of the Nord Stream 2 pipeline. Gazprom is the sole shareholder of Nord Stream 2 AG. The 1,220-kilometer pipeline will be able to transport a total capacity of 55 billion cubic meters of natural gas a year. It will run from ...

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