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Germany Sets Up Legal Entity to Protect Nord Stream 2; Certification Still an Issue Though

RUSSIA
  • GERMAN STATE TO SET UP LEGAL ENTITY TO PROTECT NORD STREAM 2
  • MECKLENBURG-WEST POMERANIA CABINET BACKS NORD STREAM FOUNDATION
  • NORD STREAM CONSORTIUM TO SUPPORT FOUNDATION WITH EUR 20m
  • Legal entity should help protect construction of the 120km remaining Danish section
  • but the key issue remains certification of the pipeline to commence operations - will await further details on the legal entity's structure
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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