Nord Stream 1 on halt means a bigger crisis

Gas prices are approaching the peak last seen right after Russia attacked Ukraine. The fate of deliveries via Nord Stream 1 is uncertain, despite concessions to the disputed turbine. Gazprom is pursuing the Kremlin’s political goal of paralyzing the West with uncertainty. It can turn off the gas tap at any time anyway. Paradoxically, this […]

GTSOU and Naftogaz call for an end to legal exemptions for Nord Stream 1 in Germany

Ukrainian gas transit system operator GTSOU and gas provider Naftogaz ask German Federal Ministry for Economic Affairs and Climate Action and the German Regulatory Authority, the Bundesnetzagentur (“BNetzA”), to revoke the existing legal exemptions for Nord Stream 1 (“NS1”). According to GTSOU and Naftogaz, the rationale for granting NS1 exemptions is no longer valid and […]

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