Contentious Nord Stream 2 Gas Pipeline Is Dead for Now
- German chancellor says pipeline certification can’t take place
- Russia-led Nord Stream 2 project would circumvent Ukraine
The Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Russia’s controversial Nord Stream 2 gas pipeline is all but dead. At least for now.
German Chancellor Olaf Scholz effectively froze the $11-billion link’s approval process by having the Economic Ministry withdraw its assessment that the project doesn’t pose a threat to security of supply. Without that, the operator of the pipeline connecting Russia to Germany bypassing Ukraine cannot obtain the certification needed to start operations.