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Tuesday 17.01.2017 | Name days: Tenis, Dravis
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Saeima deputies: Nord Stream II goes against EU energy policy’s interests

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU«Nord Stream II project does not contribute to mutual solidarity of EU member states, good neighbour relations and diversification of alternative supply routes. This project goes against Europe’s external energy policy interests and only serves to weaken the policy of member states, making the entire union weaker in the process as well’, as mentioned in the recent report of Saeima’s European Affairs Committee on Nord Stream II project.

In its report, the parliamentary committee expresses dissatisfaction with the lack of a single and unified position of EU member states in regards to the Nord Stream II project. The Saeima European Affairs Committee reminds EU member states about the spirit of solidarity and respect of member states’ common interests.

This report was compiled considering that natural gas is one of the most important energy and industrial resource. Safe transit and supply of this resource to EU member states is becoming a more and more important security factor for all European countries, as reported by the Saeima press-service.

The committee also notes that the existing Nord Stream I pipeline is currently used only at a 60% capacity. In addition, even Nord Stream I was originally considered controversial. Because of that, Nord Stream II will even further impact the interests of EU member states, their independence and security, as mentioned in the report.

«If Nord Stream II is realized, Russia’s supply of natural gas to consumers in European countries through Ukraine could be completely replaced with gas supplies through Nord Stream I and Nord Stream II pipelines. This clearly points to Russia’s intention to push Ukraine out of the game by using Nord Stream. Sides providing financing for the project – large energy companies – are hoping to gain access to Siberian energy sources in exchange for financing the Nord Stream II project,» – adds head of European Affairs Committee Lolita Cigane.

During the meeting, representatives of Latvian Economy Ministry emphasized that Nord Stream II project goes against EU energy policy interests because it does not diversify energy resource supply options.

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