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    Bloomberg: Russia Gas Link Plan Will Hurt East EU Security, Sefcovic Says

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Summary

European Commission Vice President Maros Sefcovic says that Russia's plan to bypass Ukraine for transiting gas will undermine Eastern European energy security

by: Erica Mills

Posted in:

Press Notes

Bloomberg: Russia Gas Link Plan Will Hurt East EU Security, Sefcovic Says

Russia’s push to expand a natural-gas pipeline that circumvents Ukraine would undermine energy security in eastern Europe, according to European Commission Vice President Maros Sefcovic.

The commission is analyzing the legal and political implications of the Nord Stream-2 project, which export monopoly Gazprom PJSC is pursuing with western European companies ranging from Germany’s EON AG to Paris-based Engie. The EU’s regulatory arm needs, among other things, more details on the justification for the expansion given that the existing infrastructure uses only around half of its capacity, according to Sefcovic, who oversees the bloc’s energy policies.

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