- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Nord Stream-2 Pipleline Consortium Approved by German Competition Regulator

© Sputnik / Go to the photo bankLaunch of second section of Nord Stream gas pipeline
Launch of second section of Nord Stream gas pipeline - Sputnik International
Subscribe
International
India
Germany's national competition regulator, the Federal Cartel Office, approved the creation of a consortium to construct and operate the Nord Stream-2 pipeline.

MOSCOW (Sputnik) —  According to the official site of the regulator, this decision was made on Friday.

Launch of second section of Nord Stream gas pipeline - Sputnik International
EU Refusal From Nord Stream 2 Project Could be 'Shot in Foot'
In September, Russia's energy giant Gazprom signed a shareholder agreement on the extension of the Nord Stream pipeline with the European companies BASF, E.ON, Engie, OMV and Shell.

The Nord Stream-2 project, which plans to use the original Nord Stream pipeline for 86-percent of the route before branching off, could provide up to 55 billion cubic meters of direct gas supplies from Russian shores through the Baltic Sea to the German coast.

Last week, European Council President Donald Tusk said that the extension of the Nord Stream pipeline did not meet EU legislation on supply diversification.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала