The Wall Street Journal editorializes: “The deal with Germany is embarrassing in its weakness. In a joint U.S.-German statement on Wednesday, Berlin pledges to impose sanctions in the future ‘should Russia attempt to use energy as a weapon or commit further aggressive acts against Ukraine.’ We ... #Germany #nordstream2 #RussianGasPipeline
Calling the Russia-Germany line, “the Molotov-Ribbentrop gas pipeline,” Ambrose Evans-Pritchard, international business editor of London’s Daily Telegraph, mocks Washington’s assertion that the US-Germany deal will not allow the Krem... #Germany #nordstream2 #RussianGasPipeline
Timothy Ash, the London-based strategist for Bluebay Asset Management Company, asks: “Really does anyone believe that Germany will immediately suspend all gas delivery from Nord Stream 2 if Russia cuts flows thru Ukraine?” #Germany #nordstream2 #RussianGasPipeline
Germany and the US unveiled their compromise on the Nord Stream 2 gas pipeline yesterday, eliciting a wave of criticism from German Greens and US Republicans. Critics complained of a lack of language specifying when and how Germany would take the costly move of shutting down the pipeline t... #Germany #nordstream2 #RussianGasPipeline
Although the pipeline is 98% complete, a bipartisan group of Washington lawmakers told Politico that they are considering blocking must-pass appropriations legislation this fall if the Biden administration continues to withhold sanctions o... #Germany #nordstream2 #NordStream2completion #RussianGasPipeline
In a setback for Russia’s gas pipelines to Germany, Europe’s top court yesterday ruled that Gazprom must cut in half its gas volumes through Nord Stream 1 to German’s OPAL pipeline. The pipeline which runs from the Baltic to the German-Czech border, Reuters reports from Brussels. Under the EU’s Third Energy Package, the other half of Nord Stream 1 must be allocated to other shipp... #Germany #NordStream #RussianGasforEU #RussianGasPipeline
US and Germany are working to draw up a deal to shore up Ukraine’s energy sector to blunt the impact of Nord Stream 2 , Bloomberg reports from Berlin and Washington. Elements could include: building up a hydrogen production industry in Ukraine; requiring Russia to keep minimum gas flows across Ukraine through the 202... #Germany #nordstream2 #RussianGasPipeline
With a high-level German delegation meeting Biden Administration officials in Washington this week, the Senators told reporters in Kyiv that they will continue to try to block the Russia-Germany gas line. Senator Jeanne Shaheen, Democrat of New Hampshire, said the pipeline licensing process and the ... #Germany #JoeBiden #nordstream2 #RussianGasPipeline
