Germany Halts Nord Stream 2 Gas Project Amid Ukraine Crisis
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Germany Halts Nord Stream 2 Gas Project Amid Ukraine Crisis
Germany Halts , Nord Stream 2 Gas Project, Amid Ukraine Crisis.
The $11 billion energy project, intended to double the amount of Russian gas that flows to Germany, was frozen on Feb.
22.
The move comes after
Russian President Vladimir Putin
signed a decree recognizing
two breakaway regions in
eastern Ukraine as independent.
The move comes after
Russian President Vladimir Putin
signed a decree recognizing
two breakaway regions in
eastern Ukraine as independent.
He then ordered troops into those areas.
After Nord Stream 2 was halted, Ukrainian Foreign Minister
Dmytro Kuleba expressed his approval.
This is a morally, politically and practically correct step in the current circumstances.
True leadership means tough decisions in difficult times.
Germany's move proves just that, Dmytro Kuleba, Ukrainian Foreign Minister, via Twitter.
Marcel Dirsus, a non-resident fellow at Kiel University's Institute for Security Policy, said, , "This is a huge change for German foreign policy with massive implications for energy security and Berlin's broader position towards Moscow.".
It suggests that Germany is actually serious about imposing tough costs on Russia, Marcel Dirsus, a non-resident fellow at Kiel University's Institute for Security Policy, via statement.
German Economy Minister Robert Habeck
said the nation's gas supply was secure without utilizing Nord Stream 2.
However, Habeck expects gas prices
to increase in the short term.
The far-right AfD party alone won a third of the votes in two eastern German states on Sunday, as residents of Thuringia and Saxony begin to take stock of the results.
Credit: euronews (in English) Duration: 02:30Published
Regional parlaments in Germany have no foreign policy competence and limited influence on national energy policy. But will the results from Saxony and Thuringia influence Germany's energy transition and its support for Ukraine?
Credit: euronews (in English) Duration: 02:24Published
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Kuleba has been a key figure of Ukraine's defence against Russia's full-scale invasion, shoring up support from the EU, NATO and allies across the globe.
Credit: euronews (in English) Duration: 00:53Published
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Sen. Marco Rubio, R-Fla., on how oil prices will be affected after Germany halted the Nord Stream 2 pipeline and the sanctions the US plans to implement against Russia.
BERLIN: German Chancellor Olaf Scholz said Tuesday (Feb 22) that he was suspending the Nord Stream 2 pipeline project with Russia in response to Moscow's recognition of two breakaway regions..