Nord Stream 2 would offer an alternative to Ukraine's aging system
that Gazprom says needs refurbishment, lower costs by saving transit fees paid to Ukraine, and avoid episodes like brief 2006 and 2009 gas cutoffs over price and payment disputes between Russia and Ukraine.
On Tuesday, German Chancellor Olaf Scholz suspended the certification process for the Nord Stream 2 natural gas pipeline after Russia recognized separatist-held regions in eastern Ukraine.
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Germany stops Nord Stream 2 certification following Russia's Ukraine escalationNEW: Germany has suspended the certification process for the Nord Stream 2 pipeline following Russia’s move Monday into Ukrainian territories, German Chancellor Olaf Scholz announced.
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Germany Hits Russia Where It Hurts by Halting Nord Stream 2 Pipeline ApprovalThe U.S. said the $11 billion Nord Stream 2 pipeline would give Russia a stranglehold over Europe’s energy supply.
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German Chancellor Halts Approval of Gas Pipeline Nord Stream 2 After Russia's ActionsGermany said Tuesday it will halt the certification of the Nord Stream 2 gas pipeline designed to bring natural gas from Russia directly to Europe.
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Germany halts Nord Stream 2 gas pipeline from Russia – what's next?After Russia’s recognition of separatist regions in Ukraine, Germany paused the certification of a gas pipeline under the Baltic Sea. What does that mean for gas prices and climate targets?
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