NordStream 2 was to solve much of Europe’s gas problems. Until Ukraine came

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Europe has taken its first big decision to cut relations with Russia, after Putin’s conference. German Chancellor Olaf Scholz has taken the initiative to indefinitely suspend the certification of Nord Stream 2, the great gas pipeline that was going to connect the center of Europe with Russia for the shipment of gas.

Nord Stream 2 is considered one of the most important projects to deal with the energy and gas price crisis, but the crisis with Ukraine has been the trigger for Germany to adopt this position. It does not mean that the gas pipeline will not work in the future, since it is already built, but its start-up has been stopped until further notice.

The harsh decision to paralyze the great European energy project

The figures for the Nord Stream 2 were very ambitious. A 1,200 kilometer gas pipeline under the Baltic Sea that connects the coast of Saint Petersburg with the city of Lubmin, in Germany. A huge pipeline capable of transporting enough gas to supply 26 million homes.

The North Stream 2 it was completed last September and its cost amounts to more than 10,000 million euros. An amount that has come out in equal parts between Gazprom, the Russian state energy company, and European companies such as Shell or Engie.

However, despite the fact that it has been completed for months, it had not yet received approval from Germany for its start-up. His certification had been paralyzed since November for not complying with European regulatory procedures.

The Nord Stream 2 is a way to send gas without going through Ukraine or Poland. Precisely Ukraine is at the center of the debate on Nord Stream 2 despite being miles away. The fact that the gas does not pass through implies that hundreds of millions of euros are not paid in rights of way. It has even been said that the energy crisis with gas had been promoted by Russia to speed up the start-up of this gas pipeline.

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Ukrainian President Volodymyr Zelensky has come to describe Nord Stream 2 as “a dangerous political weapon”. The United States, which is also interested in limiting Russia’s influence in Europe, has even imposed economic sanctions on Russian companies related to Nord Stream 2. The President of the United States, Joe Biden, expressed in early February that if Russia invaded Ukraine, Nord Stream 2 could not be launched. With the decision of the German chancellor, it seems that this notice is being fulfilled.

In light of the most recent developments, we need to reassess the situation, in particular with regard to Nord Stream 2“, Scholz explained at a press conference. “The corresponding departments of the Ministry of Economy will make a new evaluation of the security of our supply in light of what has changed in recent days. The situation is completely different now.”

Nord Stream 2 was going to be the great energy project that would facilitate access to gas in Europe, with the forecast of lowering costs and thus being able to lower the price of final energy. Its paralysis represents a first level obstacle to access gas. As an alternative, different European countries have formed an alliance to try to deal with dependence on Russia.

Europe has other sources of energy for day to day, but in times of crisis it is gas that ends up setting high prices. And this is where Russia has the power to control most of the supply. With the stoppage of Nord Stream 2, Germany has made a difficult decision. The first of draft against the increase in tension with Russia.

Europe has taken its first big decision to cut relations with Russia, after Putin’s conference. German Chancellor Olaf Scholz has…

Europe has taken its first big decision to cut relations with Russia, after Putin’s conference. German Chancellor Olaf Scholz has…

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