Uniper reviews financial impact of Nord Stream 2 suspension – Reuters

Uniper reviews financial impact of Nord Stream 2 suspension – Reuters

FRANKFURT, Feb 23 (Reuters) - German utility Uniper (UN01.DE), one of the financial backers of Gazprom's Nord Stream 2, on Wednesday said it was currently assessing what impact the pipeline's suspension was having on its finances and assets.

Uniper, which is majority-owned by Finland's Fortum (FORTUM.HE), said the recent escalation in the Ukraine crisis meant that Nord Stream 2 "could delay further or be affected otherwise," and that it was constantly monitoring the situation.

Uniper's comments come a day after Germany halted Nord Stream 2, which would double the flow of Russian gas to Germany, after Russia formally recognised two breakaway regions in eastern Ukraine. read more