More competition would be interesting

摘要

Wintershall is the leading German producer of crude oil and natural gas. A wholly-owned subsidiary of chemical giant BASF, it has been active in exploration and production for more than 75 years. Due to the extreme natural environment in which it works, the company needs valves which meet the highest demands for gas and oil exploration work. Through WINGAS, its joint venture with the Russian Gazprom, Wintershall is currently planning to build the Nord Stream pipeline through the Baltic Sea. What is the company's procurement strategy? What are the challenges?