Middle East

Nord Stream 2 approval may be entered


January 5, 2022

Credit: Nord Stream 2 (file photo)

Nord Stream 2 pipelineTransporting Russian gas to Germany, which could be approved in the middle of the year, the CEO of one of the project’s financial supporters told the newspaper.

The pipeline led by Russia’s Gazprom has been completed since September and is awaiting final certification by a German network agency that said no decision will be made in the first half of 2022.

This puts a strain on diplomatic relations already tense due to the risk of an open conflict between Russia and Ukraine, and speculation that the pipeline could be used to put political pressure on Moscow. I’m fanning.

“No political interference. Network agencies are reviewing as planned. It could happen in mid-2022. NordStream 2 is important,” Uniper CEO Klaus-Dieter Maubach said in Germany’s Rheinische Post. Told to.

Uniper is one of the five energy companies in Europe, the other companies are Wintershall Dea, Shell, OMV, and Engie, paying half of Nord Stream 2’s $ 11 billion cost.

“All the potential for additional imports will help ease the situation in the gas market,” Mobach said.

“But of course, there are political risks. If the conflict between Russia and Ukraine intensifies, the pipeline could be subject to US sanctions.”

(Report by Christoph Steitz, edited by Andrew Cawthorne)

https://www.oedigital.com/news/493266-uniper-ceo-nord-stream-2-approval-could-come-in-mid-2022 Nord Stream 2 approval may be entered

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