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Gazprom, European partners sign shareholders agreement on Nord Stream-2

Reuters - UK Focus

VLADIVOSTOK, Russia, Sept 4 (Reuters) - Russia's Gazprom and its European partners signed a shareholders agreement on the Nord Stream-2 gas pipelines that will run beneath the Baltic Sea to Europe, spokesman for the consortium said.

Gazprom, E.ON, BASF/Wintershall, OMV (Amsterdam: OM6.AS - news) , ENGIE (Other OTC: ENGIY - news) and Royal Dutch Shell (LSE: RDSB.L - news) formed the new consortium for the project, he said.

Gazprom and its partners are to build lines 3 and 4 to transport up to an additional 55 billion cubic meters of gas a year over the route, which already encompasses lines 1 and 2 of the same capacity, by the end of 2019. (Reporting by Katya Golubkova; Editing by Tom Hogue)