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23:24 23-04-2018
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Foreigners rent elite cottages in Moscow region for 2018 World Cup
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Czechs and Americans bought out all offices in Metropolis complex in Moscow
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$1,9 billion to be allocated for capital construction of military facilities in Russia
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A kindergarten with Spanish graffiti will be built in Moscow
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High-tech diamond enterprise will be set up in Moscow
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Two new metro stations to be built in northern Moscow
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High-speed railway from Vladimir to Nizhny Novgorod airport is approved
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Russian scientists developed a transport model for Cote d'Ivoire
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French Engie revealed its spendings on Nord Stream 2

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French Engie revealed its spendings on Nord Stream 2

In 2017, the French company Engie allocated €298 million to finance a project of the Nord Stream 2 gas pipeline construction, Rambler News reports on Monday citing the company’s message.


“Investments during the period included... financing of the Nord Stream 2 pipeline project (€298 million),” the message reads.
At the end of April 2017, Engie, OMV, Royal Dutch Shell, Wintershall, and Uniper signed a financing agreement for the Nord Stream 2 gas pipeline project. A total amount of the funds the partners pledged to invest amounted to €4.75 billion. Under the agreement, the companies committed to providing a long-term financing in the amount of 50% of the total cost of the project which is currently estimated at €9.5 billion. The contribution of each company will amount to €950 million. The only shareholder of the project company Nord Stream 2 AG remains the Russian gas giant Gazprom.
As a reference, Nord stream 2 is a 1,220 km long gas pipeline from Russia to Germany going through the Baltic Sea with a capacity of 55 billion cubic meters per year.

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