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EU wants to discuss N Stream-2 legal issues with Russia

Staff Writer | May 17, 2017
The European Commission wants to hold talks about the legal framework of the Nord Stream-2 gas pipeline project with the Russian government, Bloomberg reported late Tuesday.
Nord Stream
Energy   Germany believes in Nord Stream
The E.U. wants to ensure the project’s compliance with fundamental principles of the domestic energy market, German newspaper Frankfurter Allgemeine Zeitung reported citing an E.U. letter to governments of Denmark and Sweden.

Prime ministers of the Czech Republic, Estonia, Hungary, Latvia, Poland, Slovakia, Romania and the president of Lithuania earlier signed a letter to the E.U. chairman opposing the implementation of the Nord Stream-2 project claiming it bears risks of geopolitical destabilization.

Meanwhile, Germany believes the project is economically feasible.

The European Commission’s spokeswoman Anna-Kaisa Itkonen said in March the commission sees no legal grounds to impede the implementation of the Nord Stream-2 project.

The Nord Stream-2 project envisages construction of two lines of a natural gas pipeline with an annual capacity of up to 55 billion cubic meters, running from the Russian shore to Germany under the Baltic Sea.

Russian gas giant Gazprom will implement the project together with Germany’s E.ON and BASF, Royal Dutch Shell, Austria’s OMV, and France’s Engie.


 

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