The German Ministry of Economics and Technology has suggested the nation’s nationwide power regulator to proceed with certifying the Nord Stream 2 pipeline, saying it poses no risk to the safety of the German or EU gasoline provide.
Known by its German acronym BMWi, the ministry despatched its evaluation of the pipeline to the physique, often called the Bundesnetzagentur, on Tuesday. The company has 4 months to finalize the certification course of, and has already began the clock on September 8.
“In its analysis, the Federal Ministry of Economics comes to the conclusion that the issuing of a certification does not endanger the security of the gas supply to the Federal Republic of Germany and the European Union,” the ministry mentioned.
Construction on the pipeline working from Russia to Germany underneath the Baltic Sea was accomplished final month. Once absolutely operational, Nord Stream 2 may ship as much as 55 billion cubic meters of pure gasoline yearly. Both Germany and the EU are presently determined for power.
Washington has urged Germany to not fast-track the certification course of, saying that Russia ought to as an alternative ship the gasoline by way of the prevailing pipelines that transit Ukraine. Kiev has provided a 50% low cost on transit charges for the extra capability matching that of Nord Stream.
US strain has to this point managed to delay the pipeline’s completion by over two years, citing considerations in regards to the EU’s power safety and independence – and urging the Europeans to purchase dearer US liquefied pure gasoline (LNG).
According to the BMWi, Germany’s safety evaluation of Nord Stream 2 concerned consulting the neighboring and different EU nations, together with Estonia, Italy, Latvia, Lithuania, Austria, Poland, Slovakia, Czechia and Hungary.
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