ADVERTISEMENT

EU lawmakers demand probe into Baltic gas pipeline

EU

Plans to pump Russian gas under the Baltic Sea to Germany will not be delayed by a demand by European Union lawmakers for a fuller environmental impact assessment, the project’s EU affairs chief said on Tuesday.

The European Parliament endorsed by 542 votes to 60 a non-binding report calling for the European Commission to make a new investigation of the Nord Stream pipeline’s impact. Maartje van Putten, EU Affairs Representative for Nord Stream, told Reuters the vote would affect neither the speed or cost of the project. “The contracts for the most important parts have been signed already,” she said. “Everything is on track according to the decision process of the national authorities.”

The EU has already identified the Nord Stream pipeline, involving Russia’s Gazprom, and Germany’s E.ON and BASF, as a key project to ensure secure gas supplies for Europe. But it has been criticized in countries, such as Poland, Lithuania and Estonia, angered at being shut out of a key gas supply route, as well as Sweden on environmental grounds. (Reuters)

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s Government

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.