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Nord Stream II poses danger to EU energy independence, - EU Observer

Source : 112 Ukraine

European Parliament officials and supporters of the pipeline's construction in Europe heavily argue on the issue, as the implementation of Nords Stream II project challenges the current system of EU energy security
10:12, 30 March 2018

Open source

The industry and energy committee in the European Parliament recently voted 'in favour of bringing the Nord Stream II under European law, re-establishing order, stability and predictability on the European energy market', the EU Observer wrote.

The outlet's latest article focuses on the argument between the opponents of the pipeline's construction in Europe and those who support this initiative.

'Now, some are saying that the proposed legislation is not about Nord Stream II at all; and rightly so. It is about upholding European legislation, securing that energy projects in Europe operate under European market legislation. It is about ensuring competition, security of supply, commercial logics, competitiveness and diversity on the European energy markets. Nord Stream II, however, just happens to represent the opposite and would therefore be affected by any legislation with the purpose of rolling out market reforms and boosting the resilience of the Energy Union', the article reads.

Read the full article here.

Previously, Germany approved the construction of the Nord Stream II pipeline section on its territory.

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