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Polish Antitrust Regulator Delays Nord Stream-2 Review by Four Months

Sputnik International

Poland’s Office of Competition and Consumer Protection (UOKiK) will provide a careful examination of the Nord Stream-2 gas pipeline, according to the official... 04.02.2016, Sputnik International

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Polish Antitrust Regulator Delays Nord Stream-2 Review by Four Months

11:05 GMT 04.02.2016 (Updated: 21:16 GMT 19.10.2022)

© AFP 2023 / NIKOLAY DOYCHINOVEmployees of the state-owned storage and transmission operator Bulgartransgas stand on September 30, 2012 in front of a gas compressor station near the town of Provadia, some 410 kms east of capital Sofia

Employees of the state-owned storage and transmission operator Bulgartransgas stand on September 30, 2012 in front of a gas compressor station near the town of Provadia, some 410 kms east of capital Sofia - Sputnik International

Poland’s Office of Competition and Consumer Protection (UOKiK) will provide a careful examination of the Nord Stream-2 gas pipeline, according to the official statement.

Completion of North Stream-2 to Strengthen European Energy Security - FM

4 February 2016, 06:21 GMT

MOSCOW (Sputnik) – Poland’s Office of Competition and Consumer Protection (UOKiK) has extended its review of the proposed Nord Stream-2 natural gas pipeline joint venture by four months, the regulator said in a statement Thursday.

"UOKiK issued a decision to extend by four months the deadline for the completion of the procedure for the creation of the six-party joint venture responsible for the construction and operation of Nord Stream-2," the statement reads.

The antitrust regulator received an application to create the Nord Stream-2 AG joint venture in mid-December.

"It is necessary for a careful examination of the impact of the transaction on the Polish oil market, including to analyze the opinions of the participants and the gas market regulator," UOKiK said in the statement.

Norway's Prime Minister Erna Solberg (L) meets her Polish counterpart Beata Szydlo in Oslo, Norway February 2, 2016 - Sputnik International

Pipe Dreams: Is Poland's 'Baltic Pipe' a Threat to Nord Stream 2?

3 February 2016, 13:51 GMT

The Nord Stream-2 project could deliver up to 55 billion cubic meters of natural gas from Russia to Germany annually via the Baltic Sea. Russia’s Gazprom signed a shareholder agreement to extend the existing Nord Stream with the European energy firms BASF, E.ON, Engie, OMV and Shell.

Ukraine, Latvia and the Czech Republic share Poland’s opposition to the northern gas pipeline over fears it could increase energy dependence on Russia. German energy officials and business leaders have reaffirmed their interest in the project, saying it would ensure European energy safety and security.