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Warnig Said to Join Transneft

Matthias Warnig, managing director of the Nord Stream pipeline project, will be nominated for the board of oil pipeline operator Transneft, said a person with knowledge of the matter.

The Federal Property Fund, which controls Transneft's voting shares, is preparing documents necessary for him to join the board, the person said.

Warnig told Vedomosti in 2006 that he worked as an agent for Stasi, the state security service of East Germany, until 1989. The comments were confirmed by a Nord Stream spokesman. Prime Minister Vladimir Putin served as KGB officer in East Germany during the same period. Warnig said he met Putin in St. Petersburg in 1991.

(Bloomberg)

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