Construction of Nord Stream 2 to Be Continued Despite New Gas Directive

Earlier in the day. the European Parliament plenary session`s vote results showed that the parliament approved the amendments to the EU Gas Directive. which relate to the rules of operation of the offshore sections of gas pipelines in the European Union. including the Nord Stream.

Now the amendments will move onto to be approved by the Council of the EU at the ministerial level.

Commenting on the EU`s move. Russian Envoy to the European Union Vladimir Chizhov said that the construction of the Nord Stream 2 would still continue.

Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies. The project envisages the construction of two twin gas pipelines that will run from Russia. through the Baltic Sea and to a hub in Germany. It aims to deliver 55 billion cubic metres (1.9 trillion cubic feet) of Russian natural gas to the EU annual.

 

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