Page 9 - EurOil Week 43 2021
P. 9

EurOil                                PIPELINES & TRANSPORT                                           EurOil


       PGNiG takes aim at Nord Stream 2





        EUROPE           PGNIG has submitted its case against the certi-  2 to increase gas supplies to the EU member
                         fication of Nord Stream 2’s operator to the Ger-  states,” he said.
       The Polish company   man energy ministry, arguing that the pipeline   While Nord Stream 2 is technically ready to
       argues that the   will undermine European energy security.  flow gas, it cannot be commercially launched
       pipeline’s operator   The Polish state-owned gas company said that  until its operator is certified as independent
       should not be certified   Nord Stream 2 did not increase Europe’s access  under EU energy market rules, even though it is
       as independent.   to gas, but simply bypassed traditional supply  a 100% subsidiary of Russia’s Gazprom. The Ger-
                         routes through Ukraine and Poland.   man government has said it will hear comments
                           “The current situation on the EU gas  from neighbouring countries on Nord Stream 2’s
                         market proves the scale of the risks for secu-  impact on the gas market.
                         rity of supplies created by the Nord Stream   In addition to PGNiG, Ukraine’s Naftogaz has
                         2 project,” PGNiG CEO Pawel Majewski  also said it wants to have its say on Nord Stream
                         commented. “Suggestions that additional  2’s certification.
                         gas supplies are possible only through Nord   “We aim to demonstrate to the German reg-
                         Stream 2 are the manifestation of pressure  ulator that certification of Nord Stream 2 oper-
                         on the certification procedure and prove that  ator would significantly harm competition on
                         the project is aimed at bypassing the tradi-  the German market, as well as on the markets
                         tional transit routes.”              of Slovakia, Hungary, the Czech Republic and
                           As long as existing import pipelines have  Austria,” Naftogaz CEO Yuriy Vitrenko said in
                         spare capacity, “there is no need for Nord Stream  a statement. ™





       Spanish gas importers see Algerian gas



       supplies via GME stopping by November 1





        ALGERIA          SPANISH gas importers are reportedly expect-  agreement has also sparked worries in Morocco,
                         ing Algeria to stop delivering natural gas via the  which has been receiving a portion of the Alge-
       Algeries broke off   Gaz-Maghreb-Europe (GME) pipeline by the  rian gas pumped through its section of GME.
       relations with Rabat   beginning of November.          Officials in Rabat have said they are exploring
       in September after a   According to data published last week by  various options to meet the country’s energy
       diplomatic dispute.  Enagas (Spain), gas importers have taken note of  needs in the absence of Algerian deliveries,
                         Algeria’s decision not to renew its 25-year transit  including the construction of new gas storage
                         agreement with neighbouring Morocco, which  facilities and the reversal of the Moroccan por-
                         is due to expire on October 31. As such, they  tion of the GME pipeline to facilitate imports of
                         have placed no orders (also known as “nomina-  gas from other regions.
                         tions”) to reserve capacity in the GME pipeline   Questions about the fate of Algerian gas ship-
                         after November 1.                    ments to Spain have been mounting since late
                           Algeria remains Spain’s largest single source  September, when Algiers broke off relations with
                         of gas, accounting roughly 30% of all supplies in  Rabat following a diplomatic dispute over the US
                         the Iberian country. As such, Algiers’ decision  government’s recognition of Moroccan sover-
                         not to continue gas deliveries to the Moroccan  eignty over Western Sahara. US authorities took
                         market has sparked concern in Madrid and  this step with the aim of rewarding Morocco
                         heightened worries about pan-European gas  for its recognition of the state of Israel. These
                         shortages. Algerian officials have said, though,  developments have met with a chilly reception
                         that gas will continue flowing to Spain, either  in Algeria, which has hosted Western Sahara’s
                         through the Medgaz pipeline or via direct tanker  Polisario independence movement in the past,
                         shipments of LNG.                    and Algiers has been accusing Rabat of hostile
                           The upcoming lapse of the 25-year transit  actions ever since. ™











       Week 43   28•October•2021                www. NEWSBASE .com                                              P9
   4   5   6   7   8   9   10   11   12   13   14