Wintershall has “mixed feelings” because of failure of deals with Gazprom

Head of the German company Wintershall Rainer Seele has expressed "mixed feelings" concerning the abolition of the South Stream project and failed asset swap transaction with Gazprom: on the one hand, the company hasn’t received an opportunity to increase its production in Russia and reliable route for Russian gas supply, on the other – it freed substantial cash flows that it may use for other projects.