A roundup of news and commentary from NGI’s LNG Insight

  • A German court dealt a blow to the Nord Stream 2 (NS2) pipeline project Wednesday. The court found that the project must comply with a European Union rule requiring ownership of transmission and natural gas to be separate.
  • The ruling impacts project owner Gazprom PJSC’s vertically integrated structure and could delay startup on the pipeline, which is expected later this year. 
  • NS2, which would move more gas from Russia to Germany, is viewed as crucial to alleviating a supply shortage in Europe this winter. European prices have risen this week in anticipation of the ruling. They finished higher Wednesday.
  • Under the regulations, Gazprom might have to settle for partial capacity on the system or give up operatorship and...