At a ceremony almost a year ago, on September 4, 2015, the head of Russian gas giant Gazprom, Alexei Miller, signed a contract with prominent Western partners to build the Nord Stream 2 pipeline. The new portal would double the capacity of the existing Baltic pipeline pumping gas from Siberia to Europe.
But just a few days ago, Wintershall, Uniper, Shell, OMV and Engie pulled out of the venture in its current form because they were concerned about incurring fines from the Polish antitrust authority, which wants to protect local operators. Gazprom plans to press ahead with the controversial project despite the setback.
Yet one German gas firm that isn’t directly involved in the pipeline project remains confident it will be realized and regards it as essential — Thyssengas.
“I am absolutely convinced that Nord Stream 2 will happen,” Axel Botzenhardt, head of the German gas network operator, told Handelsblatt. “We need Nord Stream 2.”