EU has no legal tools to halt Nord Stream 2 – Vestager

“As said by our Commission president Jean-Claude Juncker, the Nord Stream project is not a project of European interest. (…) That being said, I think we have recogni zed we don’t have legal basis to prevent it from happening but we find that we have a legal basis to make sure that Nord Stream is not in a legal void, what if some things happening, then it would be very nice to have an agreement how to deal with this infrastructure,” Vestager told a news conference in the Lithuanian capital on Tue sday afternoon.

Lithuania thinks that the gas pipeline under development by Russia’s Gazprom and a few European companies would make Europe more dependent on Russian gas and undermine Ukraine as a transit country.

Nord Stream 2 developers want the pipeline to go on the bottom of the Baltic Sea and cross Denmark’s territorial waters before reaching Germany.

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Miguel Arias Canete, the European Commissioner for Climate Action and Energy, has recently stated that the Nord Stream 2 project was not consistent with the European Union’s energy policy objectives.

Supporters of the gas pipeline maintain it would allow slashing gas prices across Europe.

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