NEW:
Chancellor @OlafScholz speaking in Berlin with Taoiseach announces certification or given and “Nordstream 2 pipeline cannot go online” after the situation changed with Putin’s “incomprehensible” move last night, and EU-US consultations … via @dwnews
Chancellor @OlafScholz speaking in Berlin with Taoiseach announces certification or given and “Nordstream 2 pipeline cannot go online” after the situation changed with Putin’s “incomprehensible” move last night, and EU-US consultations … via @dwnews
Significant move - not least because his predecessor in the Chancellery and party colleague Gerhard Schroeder is chairman of the board of Nordstream…
Interesting to see if Schroeder feels pressure to resign…
Interesting to see if Schroeder feels pressure to resign…
This is a very significant potential hit for a country and an economy so dependent on Russian gas, and ups the ante as to what UK should do with its source of potential sanctions leverage - Russian assets in the City
Moscow stock market slumping hard… losing all the gains associated with the rise in oil and gas prices over past year… via @Refinitiv
Market natural gas prices up sharply since Putin speech yesterday, though not to as high levels as in winter - above £2 a therm for April delivery to UK… typically 60-70p. HT @Refinitiv
And the former Russian President says this in response to Scholz - export gas prices had been budgeted at $300/ 1000 cubic meters at the beginning of the year…
https://twitter.com/medvedevrussiae/status/1496112456858574849?s=21
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