As the European Union winter summit closed on Friday, European Council President Donald Tusk said a resolution has yet to made regarding the implementation of the proposed Nord Stream 2 project, following discussions by EU leaders at the Brussels' summit.
The Nord Stream 2 project is a massive new pipeline project designed to expand the current Nord Stream pipeline by shipping gas via the Baltic Sea directly to Germany from gas reserves in Siberia.
Tusk said that the EU leaders have reached a consensus that any new construction should fully meet with the infrastructure targets set by the European Energy Union and must be fully compliant with EU legislation.
The Nord Stream 2, he said, is not in accordance with the best interests of the EU.
"If Nord Stream 2 were to be constructed, it would increase Europe's dependence on one supplier and concentrate 80 percent of Russian gas imports on one route. It would also lead to a dominant position of Gazprom on the German market by increasing its share to over 60 percent. In my perspective, Nord Stream (2) does not help diversification, nor would it reduce our energy dependency," said Tusk.
However, Tusk said all decisions will be made after the European Commission has carefully assessed the situation before reaching a final solution. So far, the new pipeline has been strongly opposed by several Central European member states who see the project as a Russian strategy to bypass Ukraine.
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