The German regulator made a decision on Nord Stream-2



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The German regulator made a decision on Nord Stream-2

The regulator’s decision cast doubt on the project’s economic viability.

Germany did not exempt the Russian draft of the rules of the updated EU Gas Directive.

The German Federal Network Agency rejected that the Nord Stream-2 operator of the Nord Stream-2 gas pipeline withdrew the draft rules from the updated EU Gas Directive. This was reported in a regulator decision on Friday, May 15.

“College number seven on May 15 rejected the application of Nord Stream 2 AG to exempt part of Nord Stream-2, which runs in Germany’s territorial waters, from regulation,” the statement said.

It is observed that the condition for the elimination of the gas pipeline from the standards of the Gas Directive was its implementation until May 23, 2019. “In the case of Nord Stream-2, this is not the case,” the agency said.

“For all member countries [ЕС] It was possible to study the Nord Stream 2 AG application with applications and make a statement. It was used by 10 countries, “says the decision, the full text of which will be published later.

Previous media reported that if Germany did not release Nord Stream-2 from the EU gas directive, this would cast doubt on the economic viability of the entire project.

According to the updated directive, the pipes that pass through the marine economic zone of the EU countries are subject to the rules of the third community energy package, which oblige the operator to reserve up to 50% of the trunk capacity gas to pump fuel from alternative suppliers.

Recall that gas pipeline construction was halted in December last year due to United States sanctions. Project preparation is estimated at 94%.

According to media reports, Gazprom is ready to continue construction with the help of the Akademik Chersky pipe layer, which recently arrived at the German port, which is the construction logistics center.

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