Friday, June 30 2017 19:29 EEST
Europe
European Parliament to control Commission on Nord Stream-2
European, Parliament, Control,  Commission, Nord, Stream-2

European Parliament will control the situation with the mandate of European Commission on Nord Stream-2. This was announced by the EP deputy Jerzy Buzek in Brussels at the conference ‘Ukraine’s role as a strategic energy partner of the EU.’

“We are anonymous when it comes to supporting Ukraine. Cooperation makes us stronger. The European Parliament will consult and monitor the situation surrounding the mandate of Nord Stream-2,” Jerzy Buzek said.

It is noteworthy that the main theme of the conference was the role of Ukraine in supporting and promoting the energy security objectives of the EU as an alternative to Gazprom's monopoly.

“It is very important for us to know the reason why the Third Energy Package cannot be applied to the third part of the Nord Stream-2. We, as members of the European Parliament, would like to receive from European Commission its legal assessment of this issue,” he said.

European Parliament MPs, European Commission representatives, Deputy Foreign Minister Elena Zerkal and Naftogaz executive officer Andriy Kobolyev attended the conference.

European Commission Vice President who is in charge of Energy Union Maroš Šefčovič expressed support for Ukraine's desire to remain a large and reliable country for transit of Russian gas to Europe in the future. He also noted Ukraine's considerable potential in cooperation with the EU in the areas of gas supplies, energy efficiency, gas exploration, and joint use of Ukrainian gas storage facilities. Maroš Šefčovič called Ukrainian gas storage “a strategic asset for the energy security of Europe.”

He hailed adoption of the Law on Energy Efficiency Fund by Ukraine’s Parliament and announced allocation of 100 million euros by European Commission to support the fund.

Deputy Foreign Minister Elena Zerkal stressed that suspension of gas transit through Ukraine offers Russia opportunities for large-scale military aggression.

Open discussion of Nord Stream-2 threats is a big step forward, according to Naftogaz chief executive officer Andriy Kobolyev.

“Nord Stream-2 is not yet a completed agreement. It’s not a commercial project. It’s a political and geopolitical tool for separation of the EU. We all need plan B,” he noted.

As it was reported earlier Nord Stream-2 is a project of gas transmission pipeline. The construction works are to begin in 2018. The project foresees further broadening and modernization of the Nord Stream pipeline. By promoting the Nord Stream II, Russia aims to refuse from transit of its gas supplies through the Ukrainian territory.  

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