The pipeline. the second of its kind. will increase the capacity for Russian gas exports bring brought into Europe.
According to Reuters. who cites Interfax news agency as a source. Russian Prime Minister Dmitry Medvedev has said attempts to regulate the project “looks like“ at attempt to get Russia to abandon it.
“Our approach to the implementation of this project has not changed so far: this is not a political tool. this is a regular commercial project. aimed at safeguarding Europe’s energy security.“ Medvedev added. according to Interfax.
The European Commission has proposed extending EU internal energy market rules to cover offshore gas pipelines.
The pipeline has seen resistance from certain countries in Europe. particularly those who feel that it would enable Russia to seize too large a market share.
Tags Europe European Commission European Union European Union (EU) Gazprom International International Companies International Organizations Market Market Share Minister Offshore Pipeline Russia Security World Health Organization (WHO)
Check Also
Massive LNG Expansion Expected Worldwide despite Green Transition
Since 2022, several countries worldwide have announced plans to expand their natural gas production capacity …