WINTERSHALL & RUSSIA: NO SANCTIONS
NGE. Rainer Steele, Chairman of the Board of Executive Directors of Wintershall, believes that economic sanctions from the EU against Russia will not remedy the situation in Ukraine and would not help anybody.
At Wintershall's 2014 press conference in Kassel, Germany, Steele stressed that there is no alternative to dialogue, and suggested that all parties involved sit a the negotiating table and not rule out partnerships.
Wintershall and Russia's Gazprom are partners on multiple projects including the Nord Stream and South Stream natural gas pipelines.
Also announced were plans to divest its shareholding in the Eastern German company Verbundnetz Gas AG (VNG) as part…
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