Title : Germany Suspends Approval For Russia's Nord Stream 2 Gas Pipeline. Natural Gas Prices Explode In Europe
link : Germany Suspends Approval For Russia's Nord Stream 2 Gas Pipeline. Natural Gas Prices Explode In Europe
Germany Suspends Approval For Russia's Nord Stream 2 Gas Pipeline. Natural Gas Prices Explode In Europe
* Construction of pipeline directly to Germany has been delayed by US sanctions
* Washington and London say the pipeline gives Kremlin too much influence
* Comes as Kremlin brings chaos to EU, with crises at Polish and Ukrainian borders
* Boris Johnson last night urged Europe it was time to 'stick up for Ukraine'
Germany energy regulator has suspended approval for Russia's Nord Stream 2 pipeline hours after Boris Johnson told the EU it must choose between Ukraine's freedom or buying gas from Moscow.
Construction of the pipeline, which will carry Russian gas directly across the Baltic to Germany, was delayed by United States sanctions and is strongly opposed by many European countries who believe it is designed to freeze Ukraine out of transit fees for shipping Russian gas.
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WNU Editor: The certification was not given because of paperwork .... German regulator, Bundesnetzagentur, said on Tuesday it had suspended the certification process because the Swiss-based consortium behind Nord Stream 2 needed to form a company under German law to secure an operating licence.
The impact on natural gas prices has been immediate .... Gas Prices in Europe Up By 11% After German Regulator Suspends Nord Stream 2 AG Certification (Sputnik).
My prediction.
Natural gas prices in Europe are already at record highs. They will climb even higher if this pipeline is not certified. I doubt that politicians in Germany are going to risk that. This pipeline will be certified when the German regulator's demands are met.
More News On Germany Suspending Approval For Russia's Nord Stream 2 Gas Pipeline
Nord Stream 2: Germany halts approval of Russian gas link -- BBC
Gas prices soar as Germany suspends approval for Nord Stream 2 pipeline -- CNN
German regulator puts brake on Nord Stream 2 in fresh blow to gas pipeline -- Reuters
Germany suspends approval for Nord Stream 2 gas pipeline -- The Guardian
Germany suspends Nord Stream 2 certification process -- RT
* Construction of pipeline directly to Germany has been delayed by US sanctions
* Washington and London say the pipeline gives Kremlin too much influence
* Comes as Kremlin brings chaos to EU, with crises at Polish and Ukrainian borders
* Boris Johnson last night urged Europe it was time to 'stick up for Ukraine'
Germany energy regulator has suspended approval for Russia's Nord Stream 2 pipeline hours after Boris Johnson told the EU it must choose between Ukraine's freedom or buying gas from Moscow.
Construction of the pipeline, which will carry Russian gas directly across the Baltic to Germany, was delayed by United States sanctions and is strongly opposed by many European countries who believe it is designed to freeze Ukraine out of transit fees for shipping Russian gas.
WNU Editor: The certification was not given because of paperwork .... German regulator, Bundesnetzagentur, said on Tuesday it had suspended the certification process because the Swiss-based consortium behind Nord Stream 2 needed to form a company under German law to secure an operating licence.
The impact on natural gas prices has been immediate .... Gas Prices in Europe Up By 11% After German Regulator Suspends Nord Stream 2 AG Certification (Sputnik).
My prediction.
Natural gas prices in Europe are already at record highs. They will climb even higher if this pipeline is not certified. I doubt that politicians in Germany are going to risk that. This pipeline will be certified when the German regulator's demands are met.
More News On Germany Suspending Approval For Russia's Nord Stream 2 Gas Pipeline
Nord Stream 2: Germany halts approval of Russian gas link -- BBC
Gas prices soar as Germany suspends approval for Nord Stream 2 pipeline -- CNN
German regulator puts brake on Nord Stream 2 in fresh blow to gas pipeline -- Reuters
Germany suspends approval for Nord Stream 2 gas pipeline -- The Guardian
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