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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ukraine Crisis: Germany Halts Nord Stream 2 Approval (266 Views)
Russia Turns Off Nord Stream Pipeline Supplying Gas To Europe, Cites "Oil Leak" / Taiwan Visit: China Halts Climate, Military Ties With US; Sanctions Pelosi / Russia-ukraine Crisis: Putin Ready To Negotiate Directly With Ukraine's Leaders (2) (3) (4)
Ukraine Crisis: Germany Halts Nord Stream 2 Approval by sanpipita(m): 12:42pm On Feb 22, 2022 |
German Chancellor Olaf Scholz has said the gas pipeline project cannot go ahead now in these crisis circumstances. He said the approval process has been halted. German Chancellor Olaf Scholz said Tuesday that Germany has taken steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia. He told reporters in Berlin that his government was taking the measure in response to Russia's actions in Ukraine. "That sounds technical, but it is the necessary administrative step so there can be no certification of the pipeline and without this certification, Nord Stream 2 cannot begin operating," Scholz said. Construction of the pipeline project has been completed, but the project still needed regulatory certification from German authorities before the gas could be delivered. https://m.dw.com/en/ukraine-crisis-germany-halts-nord-stream-2-approval/a-60867443 |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by useni1: 12:45pm On Feb 22, 2022 |
sanpipita:Germany and their American masters can go to hell. Power long shifted to China |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by seunny4lif(m): 12:50pm On Feb 22, 2022 |
Well, gas prices are always up by 50% in the EU. Germany will have to pay more for Russia gases. 1 Like |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by Jackanda1(m): 12:53pm On Feb 22, 2022 |
This is the ultimate sanction. Putin's attitude keeps isolating Russia from the rest of Europe. |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by Jackanda1(m): 1:05pm On Feb 22, 2022 |
useni1:I thought power shifted to Russia. Putin could have allied with the rest of europe against US if not for his dictactorial tendencies. If Europe stops buying their oil now, Russia's economy is going to compete with North Korea with all her hypersonic missle and satan 2 |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by sanpipita(m): 1:22pm On Feb 22, 2022 |
Jackanda1: Lol when Europe finds their alternative to oil and gas wonder what Russia will do, already they lag behind in GDP. |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by sanpipita(m): 1:24pm On Feb 22, 2022 |
seunny4lif: Russia will also have to drink their oil when nobody decides to buy at some point, why do you think there's push for renewable energy |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by useni1: 1:24pm On Feb 22, 2022 |
Jackanda1:North Korea economy is bigger than vagabond America. America has no economy. America is a $200trillion debt shiithole with over 100million homeless and hungry people |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by seunny4lif(m): 1:28pm On Feb 22, 2022 |
sanpipita:Renewable energy Even USA imported more Russia oil since 2015 |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by Jackanda1(m): 1:29pm On Feb 22, 2022 |
useni1:You are a very consistent troll, i wonder how much you're paid 3 Likes 1 Share |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by sanpipita(m): 1:31pm On Feb 22, 2022 |
seunny4lif: That's not true USA import more with Canada and Saudi Arabia than they do with Russia, Russia will still lose money I don't know why you don't get it. 1 Like |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by MangekyoAlt: 1:33pm On Feb 22, 2022 |
Lmao Germany is putting Nordstream 2 that HASN'T started on hold, and western bots here are claiming it's a "punishment" for the russians? What joke Germany should put the Nord Stream one that is actually working on hold, not the one that hasn't started..... if they get mind Infact it is Putin himself that will turn off the tap, not Germany. Germans and people from other European countries will freeze before they will be able to start getting gas from USA again for 3x the amount russia sells theirs. Russia will preserve their gas and learn to live independently. Develop their economy with the help of China and bounce back again after the chinese/chinko eventually give the Americans their inevitable defeat 1 Like |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by useni1: 1:34pm On Feb 22, 2022 |
Jackanda1:Get ready it is a new world. Death to the petrodollar and birth to petroyuan |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by seunny4lif(m): 1:39pm On Feb 22, 2022 |
sanpipita:Read what I said again USA double her importation of Russia gases more. USA told EU to sanction Russia but double her own Russia gas takes in then sell it to Asia. |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by MangekyoAlt: 1:47pm On Feb 22, 2022 |
Jackanda1:If Europe stop buying oil from Russia, they will start buying from USA and the Arabs. When that happens, the USA and Arabs won't be able to sell to those in Asia anymore. Which means it is Russian gases that Asians will start buying for a much cheaper amount. Russia will keep selling their gas while Europe will start buying gas from USA and the Arabs for 3x the amount they bought from Russia. Last last it is the Europeans that will lose. 2 Likes |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by Jackanda1(m): 2:08pm On Feb 22, 2022 |
MangekyoAlt:Though this isn't the only sanction package available, buying expensive oil is better than funding Putin's invasion spree. A price Europe is willing to pay. This also means only china will buy russian gas. Are they going to increase the quantity they're currently buying to cover up for the lost of consumers in Europe? North korea thought china could uphold them in the midst of sanctions. What happen to their economy today ? |
Re: Ukraine Crisis: Germany Halts Nord Stream 2 Approval by MangekyoAlt: 2:38pm On Feb 22, 2022 |
Jackanda1: "Most of Russia’s crude oil and condensate exports in 2021 went to European countries (48%), particularly Germany, the Netherlands, and Poland. Asia and Oceania accounted for 42% of Russia’s total crude oil and condensate exports, and China was the largest importing country of Russia’s crude oil and condensate, at 31%. About 1% of Russia’s total crude exports in 2021 went to the United States" https://www.eia.gov/international/analysis/country/RUS Now, most U.S. LNG exports goes to Asia with about 13% going to South Korea, 13% to China and 10% to Japan, according to U.S. energy data. So in total, USA exports 36% of its gas to Asia. Europe takes 48% of Russia's oil. Should they stop buying from Russia and start buying from USA, USA will automatically stop selling that 36% they normally export to Asia and start exporting them to Europe instead (which wouldn't still be enough considering the fact that it is clearly not up to the 48% they get from Russia.) This leaves Asia with the only option of buying Russian gas. 100% - 48% = 52%. 52% + 36% + 2% = 90%. Meaning 90% of Russian gas will start going to the Asian countries. Europe will start making use of USA LNG gas and not even pipelines making it more expensive |
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