gas directive.

Nord Stream 2 pipeline, though completed is nowhere near delivering gas to the EU and involved in several legal battles in EU and German Courts that can affect the bankability of the project. The latter is acknowledged by the project promotors themselves – writes Wojciech Jakóbik, BiznesAlert.pl editor in chief.

Professor Jerzy Buzek, former prime minister and current member of the ITRE Committee at the European Parliament explains the impact of the amended Gas Directive, which does not target any specific project, but protects against gas market abuse. “The fact that these regulations hurt Nord Stream so badly says a lot, but it doesn’t say […]

What goes on in Poland on the 21st of May.

Agata Łoskot-Strachota from the Centre for Eastern Studies writes about the consequences of applying the EU Gas Directive to the contentious Nord Stream 2 gas pipeline. “One of the options Nord Stream 2 AG may choose is to divide the gas pipeline on paper into two parts: one section would run where the EU law […]

Germany’s regulatory office has officially decided not to grant the Nord Stream 2 pipeline a derogation from the EU Gas Directive, a move that could further delay the project and lower its profitability. If new US sanctions don’t stop the plan, its architects may try to use the EU law in a way that would […]

Bundesnetzagentur, the German energy regulator, has announced that Nord Stream 2 will not be excluded from the EU gas directive.

What goes on in Poland on the 13th of May.

The German daily Handelsblatt has published bombshell news that may decide about the future of Nord Steam 2. If it is confirmed, the gas pipeline will be in even more trouble than that caused by the coronavirus pandemic, which has already undermined its profitability – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

What goes on in Poland on the 4th of May.

Unfortunately, the coronavirus will not only not delay the construction of Nord Stream 2, but it actually seems that this tragic crisis will be shamelessly used to quietly introduce harmful solutions. At a moment when everybody is focused on the increasing number of victims and Europe is united in its efforts to fight the plague, […]