“We look forward to receiving the official decision and then assess it and consider further action to protect our rights, including appeal of this decision in the German courts. Appeal is possible within one month after the decision”, – stated in the press service of the company.
the New gas Directive limits the volume of gas flow for the owners of transport infrastructure, in this case, pipeline. According to Russian laws the export of natural gas can be accomplished only by “Gazprom”, which owns the “Nord stream-2”, and now he has the right to fill the pipeline is only half full.
the company emphasizes that Nord Stream AG 2 did not agree with the decision of the Federal network Agency, since the actual date may 23, 2019 the pipeline was completed from the point of view of economic functionality. The company performed a return on investment amounting to billions of euros long before the EC announced its plan to change the Gas Directive.
it is Noted that international legal experts have confirmed that the narrowing of the definition of “project completion” prior to the conclusion of the physical construction of the pipeline violates the protection of fundamental rights in EU law, but also contrary to the constitutional safeguards of the Basic law.
“the Rejection of Nord Stream 2 shows the discriminatory effect of the amended EU Gas Directive. Nord Stream 2 earlier filed a suit for cancellation of the amendments to the Gas Directive in the General court of the EU and conducts arbitration proceedings under the Energy Charter Treaty,” – said in a statement.
In Nord Stream AG 2 separately emphasized that the legal framework for the issuance of building permits is different from EU regulations for the operation of pipelines (Gas Directive). Therefore, the processes related to the Gas Directive, do not have any impact on the completion of the pipeline.
