Energy

In a setback for Russia’s gas pipelines to Germany, Europe’s top court yesterday ruled that Gazprom must cut in half its gas volumes through Nord Stream 1 to German’s OPAL pipeline.

Friday, July 16, 2021

The pipeline which runs from the Baltic to the German-Czech border, Reuters reports from Brussels. Under the EU’s Third Energy Package, the other half of Nord Stream 1 must be allocated to other shippers, according to the Luxembourg-based Court of Justice of the European Union. Settling a five-year legal fight initiated by Poland, this court ruling is expected to also apply to Nord Stream 2, and its German onshore extension, EUGAL.

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