Russia says EU red tape on Nord Stream-2 could be attempt to sabotage it
MOSCOW (Reuters) — Russian Prime Minister Dmitry Medvedev said on Tuesday that the European Union's attempts to regulate the Nord Stream-2 gas pipeline project "looks like" an attempt to force Russia to abandon it, Interfax news agency reported.
"Our approach to the implementation of this project has not changed so far: this is not a political tool, this is a regular commercial project, aimed at safeguarding Europe's energy security," Medvedev added, according to Interfax.
The European Commission has proposed extending EU internal energy market rules to cover offshore gas pipelines, in its latest attempt to regulate the Nord Stream-2 project.
Russia plans to build Nord Stream-2 on the bed of the Baltic Sea by doubling the capacity of the existing pipeline from 55 Bcm per year.
The project has faced stiff resistance from some in the European Union, especially from ex-communist states such as Poland.
Reporting by Denis Pinchuk; writing by Vladimir Soldatkin; Editing by Christian Lowe
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
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