Nord Stream owners are discussing pipeline repairs, E.ON says – #Nord #Stream #owners #discussing #pipeline #repairs #E.ON
CompaniesE On SeFollowGazprom PAOFollowVattenfall ABFollowEngie SAFollowWintershall Dea AGFollow
ESSEN, Germany, March 15 (Reuters) – Shareholders in the operator of the Nord Stream 1 pipeline have been damaged to stop corrosion from seawater. gas are discussing how to seal and unwind the pipeline, E.ON’s ( EONGn.DE ) chief financial officer said. , is one of the owners.
The chief financial officer of one of the stakeholders, E.ON ( EONGn.DE ), told reporters at a press conference on the group’s results that it was unclear whether the pipeline would be repaired, but any upcoming decisions could be made with his support. of all shareholders.
“We continue to exercise our rights as a minority shareholder in the Nord Stream 1 operating company. And we still don’t see the point of leaving the field to Gazprom at this point,” said E.ON’s Marc Spieker.
Nord Stream is owned by Russia’s Gazprom ( GAZP.MM ) and other interested parties include Wintershall DEA ( WINT.UL ) ( BASFn.DE ), Engie ( ENGIE.PA ) and Gasunie ( GSUNI.UL ).
On Wednesday, E.ON said it had written off the value of its 15.5% stake in Nord Stream 1, where two lines were damaged by suspected sabotage in September.
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First stock 1.2 billion euro (1.3 billion dollars) but its value was reduced to zero in several steps.
“Currently, the operating company is focusing on how to first seal and dry the two damaged pipelines so that the wires do not corrode further,” he said. Speaker said.
Two sources familiar with the matter told Reuters this month that while there are no plans to repair the ruptured pipeline, it will at least be preserved for possible reactivation in the future.
“Whether or not repairs will be attempted at some point in the future … is entirely speculative from today’s perspective,” Spieker said. “It depends on many factors – political, social, economic. Time will tell.”
($1 = 0.9424 euros)
Reporting by Christoph Steitz and Vera Eckert Editing by Miranda Murray and David Goodman
Our standards: Thomson Reuters Trust Principles.
2023-03-15 16:54:01
Source – reuters
Translation“24 HOURS”