Nord Stream 2 depends on geopolitics, Habeck says
Berlin, Feb 12: German Vice Chancellor and Economic Affairs and Climate Action Minister Robert Habeck on Friday suggested that final approval of the Nord Stream 2 pipeline — which will bypass traditional transit countries Poland and Ukraine and deliver gas directly from Russia to Germany across the Baltic Sea — will depend on developments in the ongoing crisis between Russia and the West over Ukraine.

Speaking alongside Polish Deputy Prime Minister and State Assets Minister Jacek Sasin, Habeck said the ongoing Ukraine crisis would influence the pipeline.
"These days, energy policy is always geopolitical," Habeck said.
Sasin said he was very happy to hear that Habeck was not simply considering the economic side of the project.
"It's an investment that continues to cause great worry in Poland," Sasin said. "It is, in our opinion, not only a threat to Poland's energy security but also to Europe's."
Habeck told reporters in Warsaw that Europeans should be very concerned about the ongoing situation in eastern Ukraine. Like many, he also warned of punishing sanctions should diplomacy fail and Russia resort to further escalation.
He also acknowledged that sanctions would not just hit Russia but would fall back on those doing the sanctioning, too.
"Basically, there are no conceivable sanctions that wouldn't affect Germany, France, the US and Europe, too," he said. "But we are talking here about war in Europe ... meaning such considerations have to take a backseat."
Nord Stream 2 complete, awaits approval
Germany has taken heat from allies for willingly putting a portion of its energy security in the hands of Russian President Vladimir Putin at a time when he has tested Western resolve and shown himself eager to divide Europe while at the same time invading neighboring countries, even going so far as to annex Ukraine's Crimean Peninsula in 2014.
Currently, Russia has amassed heavy arms and an estimated 130,000 troops at its border with Ukraine and has more recently begun conducting war games with Ukraine's northern neighbor Belarus, a Russian client state run by Putin ally Alexander Lukashenko. The two are conducting maneuvers on land as well as in the Black Sea, essentially encircling Ukraine.
The physical Nord Stream 2 pipeline has been completed but has not gone into operation. It awaits delayed approval from the German Federal Network Agency. Should Germany award final approval in the second half of 2022, certification would then be reviewed by the European Commission.
When German Chancellor Olaf Scholz visited the White House this week, US President Joe Biden made it very clear that the €9.5 billion ($10.8 billion) pipeline deal would be dead if Russia were to invade Ukraine.
Source: DW
-
Gold Rate Today 30 March 2026: IBJA Benchmark Rates, Tanishq, Kalyan, Malabar, Joyalukkas Prices -
Gold Silver Rate Today, 30 March 2026: City-Wise Prices, MCX Update On 24K Gold, 22K Gold And Silver -
LPG Crunch: Karnataka Brings New SOPs, Makes PNG Registration Mandatory for Businesses -
Hyderabad Gold Silver Rate Today, 30 March 2026: Check Fresh 24K, 22K, 18K Gold And Silver Prices In City -
Opinion Poll For Kerala Assembly Election 2026: Ldf Strength In Kannur And Kasaragod -
Tamil Nadu Polls 2026: Vijay Reveals Rs 645 Crore Assets, Rs 266 Crore in Banks; Know All His Declaration -
Mumbai Metro Line 9 Set for April 3 Launch, Dahisar-Mira Bhayandar to Get Direct Boost -
Hyderabad Gold Silver Rate Today, 31 March 2026: Gold And Silver See Fresh Movement, Check Latest City Rates -
Gold Silver Rate Today, 31 March 2026: City-Wise Prices, MCX Trend As Gold Rises And Silver Slips -
Rahul Arunoday Banerjee Autopsy Report: Actor Was Underwater For Over An Hour, Sand Found In Lungs -
Thunderstorm Warning In Delhi NCR: IMD Issues Orange Alert Amid Sudden Weather Shift -
Trump Hints At Breakthrough With Iran Amid War Escalation, Calls Recent Move A ‘Sign Of Respect’












Click it and Unblock the Notifications