BNetzA Accepts Naftogaz’s Involvement in Nord Stream 2 AG Certification Process

Source: www.gulfoilandgas.com 11/15/2021, Location: Asia

BNetzA formally accepted Naftogaz’s application to be included in the certification process of Nord Stream 2 AG.

“We welcome BNetzA’s decision to accept Naftogaz’s petition to intervene in the certification of the Nord Stream 2 operator,” said Naftogaz CEO Yuriy Vitrenko. “We have significant legal and commercial interests in the European gas market and are encouraged by the fact that BNetzA is willing to examine the issue from different angles.”

“Our view remains: the Nord Stream 2 pipeline operator cannot be certified unless it complies with all requirements of EU competition and energy law. There can be no special treatment for Gazprom,” Vitrenko said.

“At the moment, the Nord Stream 2 pipeline is endangering Germany’s and Europe’s security of supply. It is anti-competitive, and will not provide necessary additional gas transportation capacity neither to Germany nor to Europe.

More than enough excess transit capacity exists today, but is not being used by Gazprom in its existing contracts with Ukraine’s Gas Transmission System Operator. We see no justifiable commercial purpose for Nord Stream 2,” Vitrenko said.

The certification of NordStream2 AG began on September 8, when its application was accepted by the German Bundesnetzagentur (BNetzA). The agency has four months, until January 8, 2022, to reach a draft decision on the NS2AG certification. Thereafter, the European Commission has between two and four months to review the German decision and make its recommendations which BNetzA is obliged to take the utmost account of.


China >>  8/17/2022 - The Santanghu Oil Production Management Area of ??Tuha Oilfield has innovatively applied the "CO2 +" enhanced oil recovery technology. Fracturing 6 we...
China >>  8/17/2022 - The electric drive fracturing in the western drilling has exceeded 1860 layers, of which 975 layers have been completed by all-electric flooding and 8...

China >>  8/16/2022 - The shallow geothermal energy heating and cooling system in the Dagang Oilfield Exploration and Development Research Institute campus is running well,...
Egypt >>  8/11/2022 - The 2022 Petersberg Climate Dialog took place in a context where the link between the climate crisis and other global crises (COVID-19, energy, food, ...

Norway >>  8/8/2022 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Archer AS and their follow-up of working hours. The audit was conducted on 5 a...
Trinidad and Tobago >>  8/8/2022 - Touchstone Exploration Inc. ("Touchstone") (TXP) announces that the Trinidad and Tobago Environmental Management Authority ("EMA") has confirmed that ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.