EU sanctions ‘hinder Nord Stream pipeline repair’

(PLO) – Norwegian oil company Equinor says European Union (EU) sanctions have prevented it from helping with repairs to the Nord Stream pipelines.

On February 1, Norway’s multinational oil and gas company – Equinor said that European Union (EU) sanctions had prevented it from providing the services and equipment needed for inspection and repair. repair damage at Russia’s Nord Stream gas pipelines (damaged in September 2022), according to news agency Archyde.com.

According to Equinor, the Norwegian Ministry of Foreign Affairs has stated that Nord Stream’s pipeline repair work will violate Norway’s Russia sanctions regulations in particular and the EU’s in general.

A segment of the Nord Stream pipeline under the Baltic Sea. Photo: SHUTTER STOCK

Although Norway is not a member of the EU, it still has its own sanctions for Russia and is also one of the European countries implementing EU sanctions on Russia, including restrictions on export restrictions.

Equinor is a Norwegian oil and gas company that manages the Pipeline Repair and Undersea Pipeline Support (PRSI) Group. In October, the operator of Nord Stream sent a request to PRSI for assistance shortly following the two Nord Stream 1 and 2 pipelines were damaged by underwater explosions.

However, PRSI refused to respond to Nord Stream’s request for fear of violating the laws related to sanctions imposed by the EU on Russia. According to Archyde.com, the lack of support from PRSI makes the repair of Nord Stream difficult and expensive.

According to Archyde.com, the EU Commission has not yet commented on the matter.

According to the station RT, the Nord Stream 1 and 2 pipelines were damaged on September 26, 2022 due to large explosions under the Baltic Sea, causing air bubbles from these pipelines to overflow. Last month, German gas company Uniper said that it might complete the repair of Nord Stream within 6-12 months, but it is not clear whether Berlin wants to do so.

Nord Steam AG CEO Matthias Warnig speaks to journalists in Schwerin, Germany, on August 11, 2020.

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CHI THANH

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