Tuesday, November 29, 2022

German ambassador: Nord Stream 2 won’t enter use for at least 6 months

by Max HunderNovember 29, 2021 6:10 am
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The Nord Strem 2 pipe laying vessel Audacia seen Nov. 8, 2018 close to Ruegen island, Germany. (Axel Schmidt)

Ambassador Anka Feldhausen made the comments in an interview with news agency Interfax Ukraine on Nov. 29, adding that the delay was caused by the need to unbundle Nord Stream 2 AG, the Russian-owned company responsible for the undersea pipeline, into separate entities.

She said that the temporary suspension of the project’s certification process by the German energy regulator, which must be completed before gas can be transported through the pipes, was not connected to Europe’s current energy crisis, which analysts say is partly caused by Russia lowering gas supply.

The construction of Nord Stream 2 from Russia to Germany was completed in September, but the pipeline is not yet operating. If certified, it will be able to transport 55 billion cubic meters of gas per year under the North Sea, depriving Ukraine of up to $2 billion of annual transit revenues and a deterrent against further Russian aggression.

Max Hunder
Max Hunder
Business reporter, editor

Max Hunder is a business reporter at the Kyiv Independent. He previously worked as a business reporter at the Kyiv Post focusing on infrastructure and energy. He is a graduate of Eton College and University College London, and has reported for international publications from London, Kyiv and Yerevan.

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