German oil and gas player Wintershall Dea may pursue compensation claims if the commissioning of the Nord Stream 2 pipeline is prevented by geopolitical developments.

In its annual report, released on Thursday, Wintershall Dea said: “Should the commissioning of Nord Stream 2 be prevented by political intervention, we assume that the project company will be able to enforce compensation claims.

“Currently, Wintershall Dea sees no reasonable scenario in which there will be political intervention without compensation.”

"Even if there might be a delay in commissioning due to the not yet completed certification process, we expect that the contractual obligations towards the financial investors will be fulfilled," it continued.