Germany: Regime halts approval of Russian gas link Nord Stream 2

Source: BBC News [UK state media]

“Germany’s energy regulator has suspended the approval process for the controversial Nord Stream 2 natural gas pipeline from Russia to Germany. It said the pipeline’s operating company needed to be compliant with German law before it would certify the €10bn (£8.4bn) project. The decision sent UK and mainland Europe wholesale gas prices, already under pressure, to three-week highs. Critics fear the pipeline will increase Europe’s energy dependence on Russia. Russia’s state-owned Gazprom said the pipeline was ready in September, but it has been beset by delays. Running under the Baltic Sea, Nord Stream 2 will double Moscow’s gas exports to Germany, but it will also circumvent Ukraine, which relies on existing pipelines for income and would be hard-hit by the loss of transit fees.” (11/16/21)