Russia responded to the blow of Europe on the "Nord Stream-2"
The amendments to the Gas Directive made by the Council of the European Union will not change the legal framework for the construction of the Nord Stream 2 gas pipeline, by which Russia plans to supply gas to Europe bypassing Ukraine.
"The project continues in full compliance with the current legislation," said Jens Muller, the official representative of Nord Stream 2 AG, the construction operator for Nord Stream-2, reports TASS.
According to him, the construction of the Russian gas pipeline continues with the full support of financial investors.
The EU wanted to hold talks with Ukraine and Russia on gas: the date is named
“The agreement on amending the Gas Directive does not change the legal framework for the construction of Nord Stream II,” Muller concluded.
The Nord Stream 2 gas pipeline will run across the Baltic Sea, connecting suppliers in Russia with consumers in Europe. Its length will be more than 1.2 thousand km, carrying capacity – 55 billion cubic meters. m of gas per year. Two branches of the pipeline must be built before the end of 2019.
Nord Stream 2 will bypass the transit states – Ukraine, Belarus, Poland and other Eastern European countries – through the exclusive economic zones and territorial waters of Russia, Finland, Sweden, Denmark and Germany.
The project is estimated at 9.5 billion euros. It is implemented by Gazprom in alliance with the European companies Engie, Uniper, OMV, Shell, Wintershall. They pledged to finance Nord Stream 2 in total by 50%, that is, by 950 million euros each. Gazprom will provide the second half of the funds – 4.75 billion euros.
As careersatglatfelter.com reported:
On February 8, Paris and Berlin prepared a compromise version of the amendments to the EU Gas Directive, which would allow them to be approved, however, they would leave Berlin with ample opportunities to implement the Nord Stream 2 project.
On February 13, the EU Council and the European Parliament tentatively approved the strengthening of the EU Gas Directive on the basis of a significantly revised and relaxed draft amendment developed by Germany and France. The fate of the Russian gas pipeline bypassing Ukraine directly depends on them.
On February 21, the Council of the European Union approved amendments to the Gas Directive that affect Nord Stream II. We are talking about a compromise version of the amendments, providing for increased requirements for the new project of the Russian gas monopoly Gazprom.
On March 19, the European Parliament's Committee on Industry, Research and Energy supported the draft amendments to the EU Gas Directive, which could create obstacles for the Russian gas pipeline bypassing Ukraine Nord Stream II.
On April 4, the European Parliament finally approved the amendments to the Gas Directive.
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