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Post: Nord Stream 2 AG Executive Director to step down


Matthias Warnig. archive photo

Matthias Warnig, CEO of Nord Stream 2 AG, will step down at the end of March

MOSCOW, March 30 – RIA Novosti. The company said that Matthias Warnig, CEO of Nord Stream 2 gas pipeline operator Nord Stream 2 AG, will step down from his post at the end of March.

“Matthias Warnig will step down as CEO of Nord Stream 2 AG and will retire at the end of March 2023,” the statement said. It was stated that the next activities of Nord Stream 2 AG will be carried out by the steering committee led by the Transliq AG manager.

Found in the explosion site area at the Nord Streams object - RIA Novosti, 1920, 29.03.2023

An object found near Nord Stream 2 in Denmark has been lifted from the bottom

Nord Stream recognized Matthias Warnig’s outstanding leadership and invaluable contribution throughout his long journey to build a major cross-border energy infrastructure.

In February, the British Foreign Office reported that London had sanctioned Warnig. The US Treasury also imposed sanctions on Nord Stream 2 AG and its chief executive last February.

On September 26, 2022, simultaneous explosions occurred on two of Russia’s export gas pipelines to Europe (North Stream 1 and Nord Stream 2). Germany, Denmark and Sweden did not exclude targeted sabotage. Nord Stream operator Nord Stream AG estimated that the destruction of the gas pipelines was unprecedented and it was impossible to predict the timing of repairs. The Russian Prosecutor General’s Office filed a lawsuit regarding the international terrorist act.

Nord Stream 2 is a natural gas pipeline with a capacity of 55 billion cubic meters per year from the coast of Russia to Germany via the Baltic Sea. It was implemented by Nord Stream 2 AG with Gazprom as its sole shareholder. Construction of the gas pipeline took three years and was completed in 2021.

Gas leak monitoring at Nord Stream and Nord Stream 2 gas pipelines Images from the Kanopus-V spacecraft

Lavrov commented on the progress of the investigation into the explosions at Nord Stream

Source: Ria

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