The project will be implemented by the New European Pipeline AG joint venture. According to the document, Gazprom will own a 51% share in the joint project company, while E.ON, Shell, OMV and BASF/Wintershall will have 10% each, and ENGIE – 9%. Source Energy Global
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Israeli media are reporting that Iran is building a factory in northwest Syria to manufacture long-range rockets. The Times said Iran was also helping Hizballah build subterranean factories in Lebanon to make Fateh-110 medium-range missiles. Source: RadioFreeEurope
China urged the US and North Korea to urgently “put the brakes” on provocative actions and words on Tuesday after North Korean leader Kim Jong Un appeared to back away from a threat to fire missiles toward the US Pacific territory of Guam. Source: CNN
Angela Merkel has refused to link refugee-sharing to the EU budget as she embarked on her campaign to secure a fourth term as Germany’s leader. He told that “to pay ransom, that won’t work in this context.” The Czech Republic, Hungary, Poland, and Slovakia are blocking the redistribution of refugees. Source: Euobserver