CNN: Russia responded with a sharp warning about the stop by Germany “SP-2”
The West has shown that it is ready to attack the huge Russian power-mechanical plant – even at the risk of harming itself – after Moscow ordered troops to enter the Donbass, writes CNN.
Germany said it was suspending certification of the Nord Stream 2 gas pipeline following Moscow’s moves to produce Ukraine on Monday.
“As for the latest developments, we need to reassess the situation with respect to Nord Stream 2 as well. It sounds very technocratic, but it is a necessary administrative step to stop the certification of the pipeline,” said German Chancellor Olaf Scholz.
The pipeline was built in September, but did not yet have a mandatory certificate from the control and audit bodies. Outside of this presence, non-Baltic gas can start via an offshore pipeline from Russia to Germany.
Weather report, UK, Ukraine and several countries
Nord Stream 2 can produce 55 billion cubic meters of gas per year. This represents more than 50% of Germany’s annual consumption and could consume up to $15 billion in Russia.
identification by the buyer of gas in Russia. But it became increasingly difficult for Berlin to build the project as its allies debated how to tell Moscow if it would order an invasion of Ukraine.
The decision of Russian President Vladimir Putin sent troops to the east of Germany into a difficult situation. US officials have made it clear that they are suspending Nord Stream 2 in the event of a Russian invasion, without specifying how this will be done.
Gazprom is a shareholder of Nord Stream 2, but 50% of the financing of five European energy companies, including the German Wintershall and Uniper. Other financial sponsors are British Shell (RDSA), Engie (EGIEY) from France and OMV (OMVJF) from Austria.
Energy plays an important role in energy production and home heating. This winter, gas prices in Europe have set new records, and the conflict in Ukraine could lead to even more suffering for consumers.
On Tuesday, the benchmark gas price for next month’s Europe jumped to around €79 ($89.54) per MWh, up from €71.50 ($81.04), according to Independent Commodity Intelligence Services data. . USD) at Monday’s close.
Forecasts of a drop from the record high reached on the eve of Christmas. However, significantly higher than a year ago, when gas was trading at €16.30 ($18.47) per MWh.
Analysts believe that the fight for Nord Stream 2 should not depend on the price forecast for this winter. The pipeline is not expected to become operational until the second half of the year, said Tom Marzek-Manser, head of gas analytics at ICIS.
However, Dmitry Medvedev, deputy chairman of Russia’s Security Council, warned after Germany that prices in Europe had risen sharply.
“Welcome to a brave new world where very soon Europeans will be paying €2,000 for 1,000 cubic meters of gas supply,” he tweeted.
Marcek-Manser said that would be the equivalent of about 215 euros ($243.75) per MWh, about 20% higher than the record high reached in December.