Mecklenburg-Vorpommern government approves creation of foundation to support Nord Stream-2

Mecklenburg-Vorpommern government approves creation of foundation to support Nord Stream-2

The parliament of the German state of Mecklenburg-Vorpommern has voted in favor of an initiative proposed by the regional government to establish a special environmental foundation that will help protect the interests of the participants of the Nord Stream 2 pipeline project from US sanctions, Sputnik International informs.

In minutes of an emergency session of parliament published Thursday, the parliament's press office confirmed that the "proposal has been adopted."

According to Sputnik International, Nord Stream 2 AG is listed as a partner of the foundation and is expected to contribute up to 60 million euros toward its operation, according to media reports. On Wednesday, Christian Pegel, Mecklenburg-Vorpommern's minister for energy, said that the gas infrastructure will serve to assist Germany in its effort to phase out nuclear and coal power and provide the state with the ability to use highly flexible gas-powered plants that can power the region when alternative energy resources aren't available.

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