Nord Stream 2: Germany commits to unbundling, third-party access

( July 23, 2021, 09:14 GMT | Official Statement) -- MLex Summary: Germany has committed to unbundling and third-party access to the unfinished Nord Stream 2 gas pipeline, in line with EU rules. The pipeline’s operating company previously applied for an exemption from the EU rules, but this was rejected by Germany’s national energy regulator, a decision it subsequently appealed. The German government made the commitment in a new political agreement with the US on Russia’s future use of Nord Stream 2. Germany said it would "abide by both the letter and the spirit" of the EU’s third energy package, which sets rules for liberalized cross-border operations of EU electricity and gas markets, including committing to an assessment of any risks to EU energy security by the certification of Nord Stream 2’s operator. Statement follows: ...

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Nord Stream 2: Germany commits to unbundling, third-party access

Prepare for tomorrow’s regulatory change, today

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