US News Nord Stream 2 founds German subsidiary

20:22  26 january  2022
20:22  26 january  2022 Source:   handelsblatt.com

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The subsidiaries necessary for the certification of the gas pipeline Nord Stream 2 has been founded. Gastransportgesellschaft Gas for Europe GmbH is located in Schwerin, as the company announced on Wednesday.

Blick auf Rohrsysteme in der Gasempfangsstation der Ostseepipeline Nord Stream 2 in Lubmin. © Stefan Sauer / DPA View of pipe systems in the gas reception station of the Baltic Seapipeline Nord Stream 2 in Lubmin.

The Federal Network Agency had exposed a certification procedure in November and issued a corresponding edition.

Gas for Europe will own the owner and operator of the German part of the pipeline, it was said in the message. There are therefore the approximately 54-kilometer line section in German territorial waters as well as the landing station in Lubmin in Mecklenburg-Vorpommern. The managing director was Reinhard Ontyd ordered. He had been active in the management of various energy companies.

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certification is still from

The Gas for Europe will now provide all efforts to meet the requirements for continuing the certification procedure.

The Baltic Sea Pipeline Nord Stream 2 from Russia to Germany is completed, but not in operation. A certification of an independent transport network operator by the Federal Network Agency is still out. The Bonn authority had stopped the procedure in November for the time being and pointed out that the transport network operator had to be a company under German law. Nord Stream 2 AG is located in the Swiss train. Through the pipeline, about 55 billion cubic meters of gas are to flow every year.

The Federal Network Agency can not currently forecast when the procedure can be resumed. "The certification procedure remains exposed until the transfer of key assets and personnel funds to the subsidiary is completed and the Federal Network Agency will be able to examine the documents of the subsidiary for their completeness," said the authority.

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The Malik Storm caused deaths and significant damage throughout Northern Europe. View on Euronews © Johan Nilsson / AP in Copenhagen, a CVIV-19 screening center flies into the powerful winds of the Malik Storm that has crossed all over Europe this weekend. At least four people are dead. In the Nordic countries, intensive rains and snowfall disrupted traffic.

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