Nord Stream 2 pipeline access gripe rejected by EU court

The EU General Court has dismissed an enactment by the Gazprom-led consortium down the Nord Stream 2 state pipeline from Russia to Germany, which had challenged rules connected pipeline access.

Swiss-based Nord Stream 2 AG launched its enactment against the EU Council and European Parliament successful 2019. It was dismissed the pursuing year, but the steadfast was fixed a further accidental to reason its lawsuit by an entreaty ruling successful 2022.

In the 2nd dismissal announced today, the Luxembourg-based tribunal noted that Nord Stream 2 had continued to put successful the pipeline contempt having “no assurance that EU instrumentality would proceed not to beryllium applied to its pipeline”.

“On the contrary, Nord Stream 2 AG could foresee that the EU institutions and a fig of Member States, which had agelong since adopted positions to that effect, would usage their powerfulness successful bid to widen the interior marketplace rules to screen state pipelines from 3rd countries, specified arsenic the Nord Stream 2 pipeline,” the tribunal said successful a connection accompanying its ruling.

Nord Stream 2 – backed by Germany’s Uniper, Wintershall Dea, Austrian OMV, France’s Engie and Royal Dutch Shell arsenic good arsenic Russia's Gazprom – filed for bankruptcy connected 1 March 2022, conscionable a week aft Russia launched its invasion.

In a caller caller twist to the story, the Wall Street Journal reported past week that a US financier Stephen Lynch, a backer of president-elect Donald Trump, was readying to bid for the damaged pipeline if it is auctioned disconnected during the bankruptcy proceedings.