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Intereurosea armada

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13 июняAlexander Nadmitov, the managing partner of Nadmitov, Ivanov & Partners Law Firm, commented to Kommersant newspaper on Brussels’ intentions to extend the European Union’s legal regulations to the Gazprom gas pipeline Nord Stream 2 which is planned to be laid through the Baltic to Germany.

Intereurosea armada. Brussels intends to apply its laws to Nord Stream 2

The European Commission tries to extend its legal standards to the whole Baltic Sea. Brussels concerned by the Gazprom’s intention to lay the Nord Stream 2 gas pipeline through the Baltic to Germany and can offer to the Russian Federation to conduct negotiations on the legal status of the project. Their purpose is to clean the “legal vacuum”, which is understood as impossibility to control sea import gas pipelines by the energy legislation of the EU. Nord Stream 2, as well as other similar projects, doesn’t fall under the jurisdiction of the European Union, and Moscow will hardly agree to the negotiations with Brussels, which can delay the implementation of Gazprom’s project.

Besides, Nord Stream 2 caused concern in Central Europe (for example, in Slovakia): here the countries can lose the status of transit or are afraid of problems with gas supply along the northern route.

The construction of the pipeline with the capacity of 55 billion cubic meters of gas from Russia to Germany on a bottom of Baltic has to begin in 2018 and come to the end at the end of 2019.

Alexander Nadmitov, the managing partner of Nadmitov, Ivanov & Partners Law Firm, believes that disagreements between Russia and the EU concerning strategically important resource for both parties generate the need of carrying out serious negotiations.

For more detail see: http://www.kommersant.ru/doc/3323609

“Nadmitov, Ivanov and Partners” Law Firm regularly represents clients on the issues of energy and international trade.

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