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Russia says EU red tape on Nord Stream-2 could be attempt to sabotage it

MOSCOW (Reuters) — Russian Prime Minister Dmitry Medvedev said on Tuesday that the European Union's attempts to regulate the Nord Stream-2 gas pipeline project "looks like" an attempt to force Russia to abandon it, Interfax news agency reported.

"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, in its latest attempt to regulate the Nord Stream-2 project.

Russia plans to build Nord Stream-2 on the bed of the Baltic Sea by doubling the capacity of the existing pipeline from 55 Bcm per year.

The project has faced stiff resistance from some in the European Union, especially from ex-communist states such as Poland.

Reporting by Denis Pinchuk; writing by Vladimir Soldatkin; Editing by Christian Lowe


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FEATURED COLUMNS

Editorial comment
-Adrienne Blume
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
-Shem Oirere
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.


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