The European Commission confirmed on Friday it had lifted limits on Gazprom’s use of a key link from its offshore Nord Stream pipeline to Germany, allowing Russia to pump more gas supplies to Europe bypassing traditional routes via Ukraine. The decision allows Gazprom to bid for an additional 7.7 and 10.2 billion cubic meters (bcm) more volumes at auction on top of its existing access to half of the Opal pipeline’s capacity, a Commission official said. As Reuters exclusively reported, it requires at least 10 percent and as much as 20 percent of capacity be made available to other suppliers. If there is no demand, Gazprom would then also be allowed to bid for those volumes as well. The Commission’s decision modifies a proposal by German regulators in May that would have given Gazprom almost […]