GDF SUEZ joins Nord Stream , Gazprom

Release Date: 2010-06-19

Today in St. Petersburg, in the presence of the President of Russia Dmitry Medvedev and the President of France Nicolas Sarkozy, Alexey Miller, Chairman of the Gazprom Management Committee, Gérard Mestrallet, GDF SUEZ Chairman and Chief Executive Officer, Bernhard Reutersberg, Chairman of the Board of E.ON Ruhrgas AG, Rainer Seele, Chairman of the Board of Wintershall Holding GmbH, Marcel Kramer, Chairman of the Board, President of Gasunie, and Matthias Warnig, Managing Director of Nord Stream AG, signed an agreement on GDF SUEZ joining the Nord Stream project

This agreement is the Fifth Amendment to the Final Shareholders’ Agreement of Nord Stream AG and regulates the conditions of the entry of GDF SUEZ as a fifth shareholder into the operator company of the Nord Stream gas pipeline.

As a result of the transaction, GDF SUEZ is to receive a 9% stake in the capital of Nord Stream AG after the two German shareholders have sold 4,5% of their shares to it.

Type:	NORMAL
Company:	Gazprom
Country:	Russian Federation