Original title: Germany announced the suspension of the approval of the “Beixi-2” project, all parties reacted differently
On the 16th local time, the Federal Network Agency, the German energy regulatory agency, announced the suspension of the certification and approval of the operation of the “Beixi-2” natural gas pipeline project. The project cannot be operated legally before the approval is obtained.
The “Beixi-2” project operating company stated that it would establish a subsidiary in Germany and reapply for approval, but the company declined to comment on “specific procedures, possible duration, and impact on pipeline operations.”
The German Federal Ministry of Economic and Energy Affairs expressed support for the Federal Network Agency’s decision and emphasized that relevant requirements must be implemented. Krischer, the deputy chairman of the Green Party Bundestag, expressed support for the suspension of the approval of the project, emphasizing that the pipeline project is not “must”.
Dobrint, chairman of the Bundestag, said that in principle, he supports the Federal Network Agency’s strict approval procedures for projects, but the pipeline is an energy supply infrastructure and should be certified and put into use “as soon as possible”.
It is reported that the news of the Federal Network Agency’s suspension of approval of the project has had a considerable impact on the European natural gas market. In the Dutch natural gas trading market, the price of natural gas futures in December rose immediately by 10%. (Headquarters reporter Yu Peng)
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