Date: 5 months ago   Category: Energy

The Austrian OMV in nine months has financed the Nord Stream — 2 project for €207 million — Rambler News Service


Photo: The Austrian oil and gas company OMV has directed to Michael Baumgartner/dpa/globallookpress.com in January-September, 2018 €207 million for financing of the project of construction of the Nord Stream-2 gas pipeline, it is told in materials of OMV. In the III quarter financing of the project from OMV has made €66 million. "The payment of Nord Stream 2 AG has made €207 million, of them €66 million in the third quarter 2018", - the company notes. At the end of April, 2017 Nord Stream 2 has signed with the Engie, OMV, Royal Dutch Shell, Uniper and Wintershall companies of the agreement on financing of the project of the Nord Stream-2 gas pipeline for €4,75 billion. According to the document, the company have undertaken to provide long-term financing of 50% of the total cost of the project which is estimated at the moment at €9,5 billion. The contribution of each of the companies will make up to €950 million. Gazprom will remain the only shareholder of the design company Nord Stream 2 AG. In 2017 partners of Gazprom have allocated for construction "Nord Stream — 2" for €324 million "Nord Stream — 2" — the gas pipeline from Russia to Germany through the Baltic Sea 1220 km long and 55 billion cubic meters in a year. He directly will connect the Russian resource base and the European consumers. On September 5 the Nord Stream company 2 beginnings laying of pipes of the gas pipeline in an exclusive economic zone of Finland. It is expected that construction of the gas pipeline will come to the end at the end of 2019.

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