The revised Romanian proposal of the Gas Directive amendment aims to address five issues: a) the conflict of law with UNCLOS, b) the lack of clarity regarding the legal status of the Nord Stream 2 pipeline, c) the need for a clear definition of the operator of the pipeline, d) the potential for disputes over the allocation of capacity on the pipeline, and e) the need for a clear definition of the responsibilities of the operator in case of an emergency. The revision is expected to have a practical impact on the European gas market by providing clarity and certainty for investors and stakeholders. However, the revision may also create new challenges and uncertainties, such as the potential for disputes over the allocation of capacity and the responsibilities of the operator in case of an emergency.