Germany will support the Nord Stream II project under three conditions
Germany will support the Nord Stream II gas pipeline project on three conditions, Bloomberg reports, quoting Minister of Economy and Energy of Germany Sigmar Gabriel. Gabriel made the statement in anticipation of a meeting with a member of the European Commission for Energy, Miguel Arias Cañete.
"Germany has set three conditions for the project to happen. Nord Stream must meet the requirements of the law, does not threaten the transit of gas through Ukraine, and will not limit gas supplies to Eastern Europe," he said.
"For us, there is a clear legal position, and I am sure that this position is shared by the European Commission's legal service, that the pipeline is not subject to EU internal rules," he said. Minister Gabriel remarked that he would meet with Cañete in Berlin because the European Commission has a number of questions that need answers.
The project envisions the creation of a pipeline system with a capacity of 55 billion cubic meters of gas per year that will flow from Russia to Germany under the Baltic Sea. The members of the Nord Stream II consortium are Gazprom, the German BASF and the E.ON, French Engie, Austrian OMV and Anglo-Dutch Shell.