Best Of Daily News – Information on interesting topics.Best Of Daily News – Information on interesting topics.

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    How to detect allergies in your cat

    How to Master Texas Hold ‘em Poker for Beginners: Tips and Strategies

    Ex-Warner Bros. Exec Courtenay Valenti in Talks for Senior Leadership Job at Amazon Studios

    Facebook Twitter Instagram
    • Home
    Facebook Twitter Instagram
    Best Of Daily News – Information on interesting topics.Best Of Daily News – Information on interesting topics.
    • Home
    • Automotive
    • Business
    • CBD
    • Crypto
    • Education
    • Entertainment
    • Fashion
    • Finance
    • Health
    • Home Improvement
    • Law \ Legal
    • News
    • Shopping
    • Sports
    • Technology
    • Travel
    • Get Help
    Best Of Daily News – Information on interesting topics.Best Of Daily News – Information on interesting topics.
    Home»Business»Gazprom’s shunned Nord Stream 2 wins spat over EU pipeline rules

    Gazprom’s shunned Nord Stream 2 wins spat over EU pipeline rules

    By No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    Russia’s shunned Nord Stream 2 gas pipeline won a legal boost in its pre-war challenge against European Union rules that subjected all new and existing pipelines involving foreign suppliers to the EU’s energy market-opening requirements, after the bloc’s top court said its appeal can be heard.

    While the ruling is a win for Nord Stream 2, its impact may have been overtaken by events in Ukraine, which led Germany to withdraw its backing for the project.

    The Gazprom PJSC-owned pipeline project has been challenging EU legislation from 2019 that extended rules on natural-gas import infrastructure to cover all pipelines to and from the EU, including Nord Stream 2. The EU’s General Court in 2020 had rejected the claims as inadmissible.

    The EU’s lower tribunal “was wrong to hold that Nord Stream 2 AG was not directly concerned by” the contested legislation, the bloc’s Court of Justice ruled Tuesday. It sent the case back to the General Court for a ruling on the substance of the case.

    Nord Stream 2 was slated to double the capacity of the existing undersea route from Russian gas fields to Europe, but has been a major source of friction in trans-Atlantic relations for several years.

    It was set to carry as much as 55 billion cubic meters of Russian gas per year to Germany across the Baltic Sea, and was ready to start full-scale deliveries in December despite U.S. sanctions. Approval from the German energy regulator and EU officials were the last hurdles for the project, but Germany reversed its support in February.

    Gazprom said in May it would use part of the Nord Stream 2 infrastructure to serve clients at home. The gas producer said it plans to put the project’s onshore facilities in Russia to work in expanding supplies to customers in the northwest of the country.

    © 2022 Bloomberg

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Could 3D-printed homes be the future of housing?

    Tourism and hospitality 2023 market outlook

    SA mines recorded 49 fatalities in 2022, a record low

    Comments are closed.

    Don't Miss

    How to detect allergies in your cat

    Pet

    Symptoms of allergies in cats can include itchy skin, sneezing, vomiting, and diarrhoea. If you…

    How to Master Texas Hold ‘em Poker for Beginners: Tips and Strategies

    Ex-Warner Bros. Exec Courtenay Valenti in Talks for Senior Leadership Job at Amazon Studios

    Multiple Vacancies for CCG NLUD

    Recent Posts
    • How to detect allergies in your cat April 19, 2023
    • How to Master Texas Hold ‘em Poker for Beginners: Tips and Strategies April 4, 2023
    • Ex-Warner Bros. Exec Courtenay Valenti in Talks for Senior Leadership Job at Amazon Studios February 1, 2023
    • Multiple Vacancies for CCG NLUD February 1, 2023
    • Heat score statement road victory in pushing past Cavaliers 100-97 – Twin Cities February 1, 2023
    • 'Dr. Phil' coming to an end after 21 seasons: 'I have been blessed' February 1, 2023
    • Surana & Surana International Attorneys February 1, 2023
    Archives
    • April 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • June 2021
    © 2022 - Best Of Daily News - All Rights Reserved.
    • Home

    Type above and press Enter to search. Press Esc to cancel.