Wintershall writes off its stake in Nord Stream operator after damage

The German Wintershall Dea, one of Europe's largest oil and gas companies, has completely written off its 15.5% stake in the Nord Stream operator after the gas pipeline was damaged, Report informs via TASS.

Due to the geopolitical situation, it is impossible to predict the time frame and costs for stabilizing and restoring the gas transmission infrastructure, and consequently, Wintershall Dea has written off its investment in full, te company said.