| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/3562 (28.10.16) |
| Publication Date | 28/10/2016 |
| Content Type | News |
|
The European Commission adopted on the 28 October 2016 stricter exemption conditions for the operation of the OPAL gas pipeline, which connected Nord Stream 1 in Northern Germany with the gas infrastructure in the Czech Republic. The Commission said it wanted to ensure properly functioning liquid and competitive gas markets in Europe, and the decision followed these guidelines. A competitive EU gas market where energy companies can trade freely and have easy access to pipelines was essential for ensuring secure and affordable supplies to all EU citizens and was a priority under the Energy Union strategy. In effect the decision would allow Russian supplier Gazprom to send a greater amount of gas along the Opal Pipeline from Germany from the Nord Stream Pipeline I to the Czech Republic. In parallel, commentators noted the Gazprom officials had recently met European Competition Commissioner Margrethe Vestager to discuss a possible settlement of the separate competition case in which Gazprom was accused of using its market power to harm Central and Eastern European gas customers. There was also a continuing debate concerning the construction of a Nord Stream II pipeline |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-3562_en.htm |
| Related Links |
|
| Subject Categories | Energy |
| Countries / Regions | Czechia, Europe, Germany, Russia |
