German power giant warns of possible Nord Stream 2 collapse

The probability of gas pipeline project Nord Stream 2 not reaching completion has increased following US pressure, and Germany's Uniper warns of possible consequential impairments.
Uniper CEO Andreas Schierenbeck. | Photo: Thilo Schmuelgen/Reuters/Ritzau Scanpix
Uniper CEO Andreas Schierenbeck. | Photo: Thilo Schmuelgen/Reuters/Ritzau Scanpix

Last month, Russian pipeline-laying ship Fortuna raised anchor from Germany's Port of Mukran on the island of Rügen and began to sail toward Danish waters, where the country's authorities had just issued a permit to continue work on the contentious gas pipeline, Nord Stream 2, between Russia and Germany.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading