Gulf Oil and Gas accountACCOUNT

Ten EU Nations Say Nord Stream Gas Extension Not in EU Interests

Source: Reuters 11/29/2015, Location: Asia

Russia's plans to extend its gas link to Germany run counter to EU interests and risk further destabilising Ukraine, 10 European governments said in a letter to the European Commission that called for a summit-level debate on the issue.

A group of European companies signed an agreement with Gazprom in September to expand its Nord Stream pipeline to Germany, bypassing Ukraine.

On Wednesday, Gazprom said it would halt gas deliveries to Ukraine while Kiev said it could find cheaper supplies elsewhere.

The letter, written on Thursday and signed by Bulgaria, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia, says the project should come under the closest regulatory scrutiny and called for "an inclusive debate" at next month's EU summit.

"The position of the European Commission on the Nord Stream II project will also essentially influence the perception of the EU's common foreign and security policy among its core allies and traditional partners," the letter, seen by Reuters, said.

World leaders have been urging Moscow and Ankara to avoid any escalation of tensions following the shooting down of a Russian jet by NATO member Turkey.

Russia's relationships with the European Union and Ukraine have been volatile since the annexation of Crimea in March last year.

The Nord Stream extension to deliver increased volumes of gas straight to Germany could have serious consequences for Kiev and EU nations, the letter said.

"Preserving the transport route through Ukraine is the strategic interest of the EU as a whole, not only from an energy security perspective, but also reinforcing the stability of the Eastern European region," it said.

The Commission wants to reduce the bloc's dependence on Russia, which supplies about a third of its energy.

It has already said it will scrutinise the Nord Stream extension project for conformity with EU law and that its priority is to diversify suppliers while maintaining Ukraine's status as a transit nation.

"Ukraine is a safe transit route. Gas should continue to flow through Ukraine," European Climate and Energy Commissioner Miguel Arias Canete told reporters on Thursday.

He added the Commission was not unduly concerned by the cutoff of Ukraine's gas supplies - a recurrent event - as stocks were comfortable.

Oil and Gas Pipeline >>

Oil and Gas Pipeline News in Russia >>

Canada >>  7/1/2020 - Enbridge Inc., the Ingham County Circuit Court of the State of Michigan amended its temporary restraining order requiring Enbridge to temporarily shut...
Nigeria >>  6/30/2020 - The Nigerian Government is set to flag-off the construction of the Nigerian National Petroleum Corporationís (NNPC) $2.8bn Ajaokuta-Kaduna-Kano (AKK) ...

United States >>  6/30/2020 - Align Midstream Partners II, LLC, a Dallas-based midstream company backed by Tailwater Capital, announced the completion of the TOPS Pipeline and the ...
United States >>  6/26/2020 - Black Bear Transmission LLC announced that an affiliate has entered into a definitive agreement to acquire a portfolio of Natural Gas Transmission ass...

United States >>  6/23/2020 - Harvest Midstream Company announced the completion of the new Ingleside Pipeline and provided an update on the Harvest Midway Terminalís construction ...
Mexico >>  6/17/2020 - MIRAGE ENERGY CORPORATION / NORTHERN HEMISPHERE LOGISTICS, INC. has signed a $4 Billion debt facility with the family office of Bluebell International...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.