Germany halted the certification process for the Nord Stream 2 natural gas pipeline following President Putin’s decision to send troops to two self-proclaimed separatist republics
🇩🇪💥🇷🇺
📈 European gas prices rose after the move, and are currently up 8%
bloomberg.com/news/articles/…
🇩🇪💥🇷🇺
📈 European gas prices rose after the move, and are currently up 8%
bloomberg.com/news/articles/…
BACKGROUND: The certification process of the pipeline, which links Russia to Germany bypassing Ukraine, has been on hold since the end of last year as the operator tries to comply with European Union rules as requested by the German energy regulator
The decision to put it into limbo demonstrates Germany’s determination to shoulder the economic cost of holding Putin to account for his actions
Or, in other words, "it'll cost you"
Or, in other words, "it'll cost you"
Russian response
👋🎤
👋🎤
https://twitter.com/PriapusIQ/status/1496108843222380550?s=20&t=9rTpXhf85fLvmfRhKStYEA
Without an increase in Russian natural gas, Europe will continue to depend on LNG deliveries
That will put them at odds with North Asia — the biggest buyers of LNG
That will put them at odds with North Asia — the biggest buyers of LNG
https://twitter.com/sstapczynski/status/1496028025431158785
The US welcomes decision by Germany to halt NS2 certification 🇺🇸
The Biden administration has long called for halting NS2 if Russia invades Ukraine
Meanwhile, US LNG exports to Europe are booming
The Biden administration has long called for halting NS2 if Russia invades Ukraine
Meanwhile, US LNG exports to Europe are booming
https://twitter.com/RT_com/status/1496119182018101248
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