EUROPEAN PARLIAMENT APPROVES NEW EU GAS MARKET RULES
April 1st, 2019
THE EUROPEAN Parliament has approved a new European Union (EU) directive drafted to extend EU gas market competition rules to pipelines that enter the EU from non-member states. The legislation may impose conditions on the operation of the Nord Stream 2 pipeline from Russia to Germany, and should the UK quit the EU as it currently plans, the law would apply to pipelines linking Britain with the remainder of the EU.
A key part of the directive is that the ownership of such pipelines entering EU territory must be unbundled - separated from the companies supplying ...
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