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Germany seeks regulatory assurances from Nord Stream 2

Source : 112 Ukraine

If the Nord Stream 2 AG starts exploitation of the pipeline without BNetzA certification, it will be a violation of German legislation and can lead to fines
08:03, 5 October 2021

Construction of Nord Stream 2 gas pipeline
Deutsche Welle

Federal Network Agency of Germany (BNetzA), which is the regulatory body in the energy sphere, has appealed to Swiss company Nord Stream 2 AG with the request to provide the evidence of correspondence of Nord Stream 2 gas pipeline with regulations of the EU, as Reuters reported.

"The Federal Network Agency today requested Nord Stream 2 AG to provide information and, if necessary, evidence that all regulatory requirements will be met in the context of operating the pipeline," Germany's Bundesnetzagentur (BNetzA) said.

The issue is about issues of non-discriminatory network access and the integration of the interconnector into the German market area.

Related: Nord Stream Two construction completed, but gas flows unlikely in 2021

The regulator noted that the exploitation of the pipeline soon cannot be ruled out.

Nord Stream 2 Company, which will pump gas from Russia to Germany, had earlier stated that it began to fill one of its strings with gas for trials.

It means that the project needs certification by the regulator of the independent operator of the transport system. This process has started on September 8 and can last up to four months. Then, the draft decision will be passed to the European Commission for consideration. Its conclusion should be ready in two-four months.

Related: US House of Representatives approve sanctions against Nord Stream 2

When the Federal Network Agency receives the conclusion of Brussels, it will have two months to make the final decision on gas pipeline certification.

The regulation body has warned that if Nord Stream 2 starts exploitation of the pipeline without BNetzA certification, it will be a violation of German legislation and can lead to fines.

“Nord Stream 2 will continue to undertake all necessary efforts to ensure compliance with all applicable rules and regulations," the operator said.

Related: Poland to participate in Nord Stream 2 certification

As it was reported earlier, the construction of the Russian Nord Stream 2 gas pipeline was completely finished as of the morning of September 10.

Meanwhile, at the opening of the gas market on October 1, the gas price in Europe reached 100 euros per megawatt/h, or 1,197 U.S. dollars per 1,000 cubic meters.

A group of over 40 MEPs is demanding that the European Commission urgently investigate Gazprom's manipulation and blackmail.

On October 4, the procedure has started with the gas pack of the first string of the Nord Stream 2 gas pipeline.

Related: New blow after Nord Stream 2: All you need no know about Ukraine-Hungary gas scandal

The works on the construction of the Nord Stream 2 gas pipeline started in 2018. The cost of the project is over dozens of billions of euros. The construction of the pipeline was partially financed by Gazprom and by five European companies OMV, Wintershall Dea, Engie, Uniper, and Shell.

Nord Stream 2 is the second gas pipeline in the Baltic Sea, which is due to supply gas to European countries. According to the plan, the gas pipeline should pass through the economic zones and territorial waters of five countries: Denmark (147 km), Germany (85 km), Russia (118 km ), Finland (374 km) and Sweden (510 km).

 

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