EC Postpones Decision on OPAL Gas Pipeline
The European Commission has postponed the decision on increasing Gazprom's access to the OPAL gas pipeline, which can be fed by the Nord Stream gas pipeline.
The press secretary of EU Energy Commissioner G?nther Oettinger, as cited by ITAR-TASS, explained that additional technical clarificationswere necessary, adding that the EC reaffirmed its commitment to a swift clarification of the remaining issues.
The EC had pledged earlier to wrap up discussions on the OPAL matter by March 10, according to reports of ITAR-TASS, as cited by money.bg.
Under the EU's Third Energy Package, Gazprom is under obligation to provide up to 50% of OPAL's capacity to independent suppliers.
However, the only supplier of the gas pipeline with an annual capacity of 36 billion cubic meters is the Nord Stream gas pipeline.
In order to avoid huge financial losses, Russia and Germany have asked the EC to grant the OPAL gas pipeline an exemption from Third Energy Package rules.
Nord Stream is held by Gazprom (51%), German companies Wintershall and E.ON Ruhgas (15.5% each) and Dutch Gasunie and French GDF SUEZ with 9% each.
- » Germany Rejects Demands to Halt Turkey's Bid to Join the European Union
- » Minimum Pension in Slovenia Reaches EUR 500
- » Angry Nationalists Storm Macedonian Parliament
- » Erdogan: ‘EU Cannot Question Our Democracy’
- » Estonia says Russia May Put Troops in Belarus to Challenge NATO
- » Angela Merkel: 'EU-Turkey Ties 'Severely Hit' by Ankara Developments'