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Russia's Gazprom to decide on Nord Stream-2 shareholders agreement cancellation

Reuters - UK Focus

MOSCOW, Oct (HKSE: 3366-OL.HK - news) 26 (Reuters) - The board of Russian gas giant Gazprom will review a decision on Nov. 9 about cancellation of shareholders agreement over construction of Nord Stream-2 gas pipeline, the company said in a regulatory filing on Wednesday.

Gazprom is partnered in the project by Uniper, Wintershall, Shell (LSE: RDSB.L - news) , OMV (EUREX: 430021.EX - news) and Engie (LSE: 0LD0.L - news) .

Nord Stream-2, initially due to open in 2019, should double the amount of gas directly shipped from Russia to Germany. However it has faced resistance from the European politicians amid a standoff with Russia over Ukraine. (Reporting by Katya Golubkova and Vladimir Soldatkin)