EU Reaches Deal on New Gas Law With Nord Stream 2 Loopholes

  • Accord scales back obstacles for planned undersea pipeline
  • German regulators in spotlight on application of EU rules
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European Union negotiators agreed on new natural-gas rules that preserve a concession to Germany over its controversial plan to import more of the fuel from Russia.

Representatives of EU governments and the European Parliament approved a revision to gas-market legislationBloomberg Terminal while scaling back hurdles for the planned Nord Stream 2 pipeline.