The Nord Stream 2 AG company is considering creating a separate firm in order to own and manage approximately 50 kilometers (31 miles) of pipeline that will be on German soil, the Financial Times reported Thursday.
The new section of the pipeline will be subjected to EU regulations, while the rest of Nord Stream 2 — about 1,200 kilometres — will remain outside the bloc’s jurisdiction, the newspaper reported, citing its sources.
According to Financial Times, the proposed corporate structure considered for Nord Stream 2 would undermine last month’s EU decision to make the whole project subjected to EU energy rules.