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BASF: Joint Announcement from Engie, Gazprom, OMV, Shell, Uniper, Wintershall and Nord Stream 2 AG

By: Catherine Diamon

Engie, Gazprom, OMV, Shell, Uniper, and Wintershall (the applicants) submitted their joint response to the Statement of Objections of the Polish competition authority in the merger control proceedings regarding the planned creation of a joint venture among the applicants.

Following that, the applicants have decided to jointly withdraw their merger control notification from the Polish competition authority.

All the applicants believe that the project is crucial for the European energy system and each of them will therefore individually contemplate alternative ways to contribute to it.

The applicants’ decision to withdraw the notification will not affect the continuation by Nord Stream 2 AG of the construction of the Nord Stream 2 pipelines as planned, including its scheduling.

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