The acquisition of three underground gas storage sites in the southern German state of Bavaria by Slovakia’s Nafta is another example of a Slovakian player hoping to benefit from Russia’s Nord Stream 2 pipeline.
Nafta completed its acquisition of the three facilities – Inzenham-West, Breitbrunn/Eggstätt and Wolfersberg – from Russian-controlled company DEA last week after all the necessary regulatory approvals were received. The three sites bring a combined 1.8 bcm of additional storage capacity to Nafta’s portfolio.
The move represents the first expansion outside...
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