Nord Stream: Conserve or corrode?
E.ON Energie Deutschland, a major German energy supplier with a stake of 15.5%, is one of the four shareholders in the Nord Stream 1 pipeline operating company and is considering how the damaged pipes can be protected against seawater corrosion. Other shareholders are the Russian state gas producer Gazprom (51%), the German Wintershall DEA (15.5%) as well as the Dutch Gasunie and the French Engie AG (9% each). Background Nord Stream 2 (100% in the hands of Gazprom) was neither certified nor commissioned due to the Russian invasion of Ukraine by Germany and - like Nord Stream 1 - was not operational due to the unilaterally imposed Russian supply...
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