The Dutch company Gasunie has completely written off the cost of a share in Nord Stream

The Dutch company Gasunie has completely written off the cost of a share in Nord Stream

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Gasunie, a gas transportation company from the Netherlands, has completely written off its nine percent stake in Nord Stream. press office companies.

“In the current geopolitical conditions, Gasunie does not expect the resumption of gas supplies via Nord Stream in the foreseeable future and, as a result, does not expect to receive any dividends. Thus, the value of Gasunie’s stake in Nord Stream has decreased to €0 at the end of 2022,” the press release says.

Gasunie owns the Dutch gas transmission network with a total length of more than 12,000 km and a 3,000 km network in Germany. The company acquired a nine percent stake in Nord Stream AG, which operates the Nord Stream gas pipeline, in November 2007. Nord Stream AG is 51% owned by Gazprom’s subsidiary, 15.5% by German Wintershall Dea and E.ON, and 9% by French Engie.

The company recalled that in the middle of last year it reduced the book value of a 9% stake in Nord Stream from €508 million to €240 million. Gazprom no longer used them to supply gas to Europe, the press service said.

In September, pressure dropped sharply at Nord Stream and Nord Stream 2, which was not put into operation, due to explosions, and gas leaks occurred. The European authorities called it a diversion, but still have not come to a conclusion who is behind it.

In February 2023, American journalist Seymour Hersh, citing an anonymous source, said that the United States and Norway were behind the explosion. Yesterday, March 7, The New York Times, citing US officials informedthat a pro-Ukrainian group was involved in the explosions at Nord Stream. Die Zeit wrote that German investigators identified the vessel from which the attack was carried out: it was rented by a company owned by Ukrainians. In the Kremlin media materials called coordinated throw.

About the future of Nord Streams – in the material “Kommersant FM” “Nord Streams will end with conservation”.

Erdni Kagaltynov

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