German Gas Regulator Excludes Nord Stream 2 Projects From Gas Development Plan

© Sputnik / Sergey Guneev / Go to the mediabankGazprom Chairman of the Board Alexei Miller visits the ETERNO shop of the Chelyabinsk Pipe-Rolling Plant
Gazprom Chairman of the Board Alexei Miller visits the ETERNO shop of the Chelyabinsk Pipe-Rolling Plant - Sputnik International
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German Federal Network Agency (BNetzA) decided not to include five projects linked to Russia's Nord Stream 2 gas pipeline project on its 2026 gas network development plan, the regulator's press service said in statement on Wednesday.

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MOSCOW (Sputnik) — The US House of Representatives approved by a 419-3 vote on Tuesday a new version of a bill that would impose sweeping sanctions on Russia, Iran and North Korea, and limit President Donald Trump’s ability to lift the restrictions on Moscow. The measures target Russia's defense, intelligence, mining, shipping and railway industries, and restrict dealings with Russian banks and energy companies. The proposed bill also considers Russia's Nord Stream 2 gas pipeline project as a threat to Ukraine's and the European Union's energy security.

France and Germany have so far spoken out against the bill that the US House passed overwhelmingly on Tuesday as one that adversely affects European industries while advancing US commercial interests.

"Five measures are connected with the expansion of the Nord Stream, and according to the Federal regulator, are too insecure. They should be included on the gas networks development plan only when the permission for Nord Stream expansion construction appears," the statement said.

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According to the Federal Network Agency’s chief, Jochen Homann, the changes to the plan are aimed at protecting German gas customers from unnecessary costs.

The statement noted that the draft gas network development plan of the German gas transmission system operators (TSOs) initially comprised 122 projects worth nearly 4.5 billion euros ($5.2 billion). The proposed projects are mainly concerned with the conversion of low calorific gas (L-gas) to high calorific gas (H-gas), connection of new gas power plants and disposal of gas from the Nord Stream 2 project.

German Foreign Minister Sigmar Gabriel and Austrian Chancellor Christian Kern condemned the draft of new US sanctions, which, as they said on June 15, was about "selling American liquefied natural gas and ending the supply of Russian natural gas to the European market."

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In April, Gazprom's subsidiary Nord Stream 2 AG signed a deal with French Engie, UK’s Royal Dutch Shell, Austria’s OMV and Germany's Uniper and Wintershall, which agreed to provide part of long-term financing of the gas pipeline project, estimated at 9.5 billion euros ($10.6 billion).

The Nord Stream 2 project presumes the construction of two gas pipelines with a combined annual capacity of 55 billion cubic meters of gas. The new pipeline is planned to be laid along the existing Nord Stream pipeline route from the Russian coast through the Baltic Sea, on to a hub in Germany.

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