Ukraine expresses readiness to manage Nord Stream-2

A German court has banned Gazprom from using more than 50% of Nord Stream-2’s capacity.Nord Stream-2 gas pipeline not exempted from European Union rules / Illustration by REUTERSNord Stream-2 gas pipeline not exempted from European Union rules / Illustration by REUTERS

Ukraine is ready to offer its Nord Stream-2 gas pipeline management services as an independent operator.

Serhiy Makogon, head of the state-owned GTS Operator of Ukraine, wrote about this on his Facebook page , commenting on the news of a German court ruling confirming restrictions on the use of Nord Stream-2 by one company with only 50% of the pipeline’s capacity.

“We will offer our services for the management of Nord Stream-2 CC, a GTS operator that is really independent of the Russian Federation,” Makogon wrote.

Court decision on the gas pipeline:

On August 25, 2021, it became known that the Nord Stream-2 gas pipeline was not exempted from the European Union rule that pipeline owners must be different from the suppliers of gas supplied by these pipelines in order to ensure fair competition.

The relevant decision was made by the Supreme Regional Court of Düsseldorf.

The court rejected a lawsuit filed last year by operators of a Gazprom-supported project (GAZP.MM) to transport gas from Russia to Germany under the Baltic Sea. They argued that EU rules on Nord Stream 2 were discriminatory.

EU rules require companies that produce, transport and distribute gas throughout the European Union to be separated and unbundled. This will help ensure fair competition in the market and prevent companies from impeding competitors’ access to infrastructure.

(C)UNIAN 2021

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