Regarding the report in the Washington Post on November 22, “American businessman makes play for Russian natural gas pipelines” and the speculation contained therein regarding the involvement of Berlin Global Advisors and their partner Rüdiger von Fritsch, we, as managing partners of Berlin Global Advisors GmbH, take the following position:

 

“At no point in time have the management and partners of BGA, including Rüdiger von Fritsch, had a client relationship or worked with Monte Valle Partners or Mr. Stephen Lynch on Nord Stream 2.”

 

If you have any questions, please contact:

Ralf Welt (ralf.welt@bga.global)

Martin Wiesmann (martin.wiesmann@bga.global)

 

Read the full press release here.