Page 9 - EurOil Week 04 2023
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EurOil                                PIPELINES & TRANSPORT                                           EurOil




















































       Nord Stream 2 unit for certification



       is liquidated





        GERMANY          A subsidiary that the operator of Russia’s Nord  authorities had made an appeal that if certified
                         Stream 2 gas pipeline to Germany set up in order  for operation, Nord Stream 2’s remaining func-
       Certification was halted   for the project to be certified under German  tional string could have provided gas that Nord
       because of events in   law has been liquidated, news portal T-online  Stream 1 was no longer capable of sending.
       Ukraine.          reported on January 20.                The winding up of Gas for Europe applies ret-
                           According to T-online, the liquefaction of the  roactively from January 1.
                         unit, called Gas for Europe GmbH, means that   “The Bundesnetzagentur is not in touch
                         the project’s certification has been postponed  with Gas for Europe,” a spokesperson for the
                         indefinitely.                        German energy regulator told Reuters. “It has
                           The 55bn cubic metre per year Nord Stream 2  no information about a dissolution of the com-
                         pipeline was completed in September 2021, but  pany,” the representative said, while adding that
                         it never came into operation, as it first required  a provisional debt restructuring moratorium
                         operational certification. Germany’s govern-  had been granted to Nord Stream 2 AG, its Swiss
                         ment halted the certification process when  parent company, until January 10. The ultimate
                         Moscow recognised the breakaway regions of  owner of Nord Stream 2 is Russia’s state-owned
                         Donetsk and Lugansk in eastern Ukraine as  Gazprom.
                         independent on February 21, three days before   All sides concluded that the damage to the
                         Russia launched an all-out invasion of Ukraine.  Nord Stream 1 and 2 pipelines was very likely the
                           One of Nord Stream 2’s two strings was par-  result of sabotage. Russia has blamed the West,
                         tially destroyed in September as a result of sus-  without providing evidence, and has accused
                         pected sabotage, along with both strings of the  Sweden and Denmark of preventing a transpar-
                         mostly parallel Nord Stream 1 pipeline. Russian  ent investigation into the suspected blasts. ™



       Week 04   26•January•2023                www. NEWSBASE .com                                              P9
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