Bundestag deputy Kotrets called EU requirements for Nord Stream 2 absurd
Steffen Kotrets, a representative of the Alternative for Germany party, commented to Izvestia on the decision of the court in Dusseldorf not to withdraw Nord Stream 2 from the EU gas directive.
According to the deputy, maintaining these requirements for the pipeline means violating the rights of investors who invested money under a different legal framework.
“The fact that the court is now following this case can only be viewed as a manifestation of political influence,” Kotetsu said.
The member of the Bundestag also stressed that the “absurd requirements” for Nord Stream 2 lead to higher costs for it. This, in turn, will have a negative impact on energy prices in Germany.
Earlier, the Supreme Land Court in Dusseldorf dismissed a complaint from Nord Stream 2 AG, the operator of Nord Stream 2, against the German regulator’s decision not to remove the project from the updated regulations. They state that the pipeline entering the EU is either partially filled by an alternative supplier, or a part of it in the EU must be owned by a third party.
Nord Stream 2 will run from Russia to Germany, its capacity is 55 billion cubic meters of gas per year, it is almost completed. For most of the project’s existence, it was actively opposed by Ukraine, which fears the loss of revenues from transit, as well as the United States, interested in promoting its LNG to Europe.