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Disclosure

27 Apr 2022

Author:
Winteshall Dea

Wintershall Dea response

...As a consequence of the Russian President's war of aggression against Ukraine, Wintershall Dea AG’s Management Board has decided:

  • not to pursue any additional gas and oil production projects in Russia, and to stop all planning for new projects.
  • to basically stop payments to Russia with immediate effect.
  • to write off its financing of Nord Stream 2.

Wintershall Dea remains involved in the existing Yuzhno Russkoye and Achimov natural gas production projects in Siberia. The projects produce natural gas for European energy supply...

In addition our Business Unit Russia is evaluating the safety and security situation for its staff constantly and providing updates to all colleagues working in Russia regularly. A local crisis team has been set up to evaluate and manage the situation. It is in close contact with the global HSEQ Security Team to coordinate all activities...

Timeline