Nord Stream 2 can disregard EU rules, per a EU court adviser.
Listen to this Article Now
An adviser to the EU’s top court said on Wednesday that Nord Stream 2 AG, domiciled in Switzerland, has the right to challenge EU gas rules, and that the court should overturn a decision against the pipeline operator made last year.
If the Court of Justice of the European Union (CJEU) upholds the ruling, Nord Stream 2, a project led by Gazprom (MCX: GAZP), will have a new legal option to pursue.
The court had ruled that the directive modification had no direct impact on the pipeline and that member states were responsible for executing EU legislation. The CJEU’s counsel said in a statement on Wednesday that the General Court’s ruling had a legal error.
The Advocate General’s opinions are usually followed by judges at the CJEU, but they are not required to do so.
Story by : Norvisi Mawunyegah