ENGIE Says Provided 50% Of Financial Commitment To Nord Stream 2, Rest To Come Soon
Mohammad Ali (@ChaudhryMAli88) Published September 19, 2018 | 03:12 PM
ENGIE as one of the European partners of the Nord Stream 2 pipeline, has already invested half of its financial obligations in the pipeline and is ready to provide the rest in the coming months as the construction company needs it, ENGIE Executive Vice President Pierre Chareyre told Sputnik on Wednesday
BARCELONA (UrduPoint News / Sputnik - 19th September, 2018) ENGIE as one of the European partners of the Nord Stream 2 pipeline, has already invested half of its financial obligations in the pipeline and is ready to provide the rest in the coming months as the construction company needs it, ENGIE Executive Vice President Pierre Chareyre told Sputnik on Wednesday.
"We have already provided a little less than 500 million in Euros. It's about half of our commitment, so there is more for it to come. There is a schedule of drawdown as the project company needs it to finance its investments. So it [the second half] will come in the next months," Chareyre said on the sidelines of the Gastech conference in Barcelona.
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