Russia says failure to certify Nord Stream 2 is not an option -RBC

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MOSCOW (Reuters) – Russia believes that the Nord Stream 2 fuel pipeline will get the vital certification and ultimately begin working, Russian Deputy Prime Minister Alexander Novak informed RBC media on Wednesday.

Construction on the pipeline, which runs from Russia to Germany on the mattress of the Baltic Sea and bypasses Ukraine, was accomplished in September however it lays idle whereas awaiting regulatory approval from Berlin and Brussels.

The venture has develop into more and more politicized amid rising tensions between Russia and the West, which fears Moscow could assault Ukraine to forestall it from forging shut ties with NATO. Russia denies it harbours such plans.

The chief govt of Ukraine’s state vitality firm Naftogaz mentioned final month he was hopeful that the Nord Stream 2 fuel pipeline would not come on-line, saying it did not adjust to European legislation.

Asked if Russia had a “Plan B” in case Nord Stream 2 was not licensed, Novak mentioned: “We do not contemplate such choices and we consider will probably be launched consistent with the timings, set for certification.”

It is anticipated that the certification will likely be accomplished not sooner than the tip of the primary half of 2022.

He mentioned that Russia hopes no new necessities for the venture will likely be put ahead.

Novak additionally mentioned that Russia was prepared to enhance fuel exports to Europe, which has seen fuel costs skyrocketing amid rising demand and lack of provides, however underneath long-term contracts – the association shunned by European corporations in favour of short-term spot offers.

(Reporting by Olesya Astakhova and Vladimir Soldatkin; Editing by Angus MacSwan)



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