Germany has suspended the certification of the Nord Stream 2 gas pipeline

German Chancellor Olaf Scholz announced the suspension of the certification of the Nord Stream 2 gas pipeline, Reuters reported.
“In light of recent events, we need to reassess the situation, in particular with regard to Nord Stream 2,” Scholz said at a press conference, quoted by the agency.

He added that the Ministry of Economy would look again at the certification process, taking into account Russia’s actions.

On Monday, Russian President Vladimir Putin signed a decree recognizing the separatist “people’s republics” in the Donbas. Putin and the leaders of the separatists in the Donbas have also signed agreements on friendship, cooperation and mutual assistance.

Nord Stream 2 is a project to build a gas pipeline running along the bottom of the Baltic Sea from Russia to Germany, mainly along the route of the existing Nord Stream gas pipeline. The owner of the special purpose vehicle implementing the project is Gazprom, and the financing is to be provided by Engie, OMV, Shell, Uniper and Wintershall.

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