>_Setback for the controversial Nord Stream 2 Baltic gas pipeline: The German Federal Network Agency has temporarily suspended its certification procedure. Without it, the pipeline may not be put into operation._
>The Federal Network Agency has temporarily suspended the procedure for certifying Swiss-based Nord Stream 2 AG as the network operator of the controversial Baltic Sea pipeline. The authority came to this conclusion “after a thorough examination of the documents,” the network agency announced. Certification can only be considered “if the operator is organized in a legal form under German law”. Without certification by the Federal Network Agency, gas transport through the completed Baltic Sea pipeline to the German domestic market is not permitted. There is a risk of fines, for example. According to the EU Gas Directive, operation of the pipeline and distribution of the gas must be sufficiently separated.
>__Proceedings could drag on for months__
>According to the Federal Network Agency, the Swiss company Nord Stream 2 AG, which is backed by the Russian gas group Gazprom, has decided to establish a subsidiary under German law only for the German part of the pipeline. The certification procedure will remain suspended until the transfer of the main assets and human resources to the subsidiary has been completed, it said. The agency could then continue its review. A deadline for the procedure expires in January. Even if the Federal Network Agency gives the go-ahead, a review by the European Commission is then scheduled. This could take up to four months. After that, the Federal Network Agency would have two months for a possible final certification.
Is this a response to the crisis on the belarussian border? I know putin was putting pressure for the certification of the nord stream, saying that he’d open the gas to europe once it was certified.
I do not understand how at this time he thought the border crisis was a good idea… unless he has something bigger to worry about then the nord stream
Meanwhile BOOM, energy prices are going through the roof, speculators make billions, the biggest gas and oil suppliers make a killing and the EU citizens pay through the nose, millions fall into energy poverty, inflation goes through the roof, but r/europe is happy because… russia.
Good
That’s just German bureaucracy in it’s purest form. Didn’t meet the prerequisites? Go fuck yourself.
Equivalent to any citizen ever trying to wiggle some official act. Forget about it.
Unwise move. The strategic reserves are dangerously low from last winter. Another cold and long winter and an emergency certification process will become necessary. Good luck trying to sell that move politically. Americanist pro-war parties like the Greens are already going apeshit because Merkel discusses the border situation with Lukashenko personally instead of threatening him through the mass media like the West does. Dialogue with Putin is treason of the highest order in their bubble.
Is this really huge or a temporary setback?
They froze the pipe, which caused the gas price to jump up, while they do not have long-term contracts at the old price, which means they still have no other option, than to buy the same Russian gas, but at a higher price due to the freezing of the pipe 😀 brilliant policy. As a result, Russia sells the same amount of gas, but at much higher price and nothing changed except that.
Germany has shot itself in the foot again, but when they realize it, they will blame Russia for sure. As usual.
10 comments
This an unexpected but pleasant surprise.
I wonder if this is Merkel’s idea or Scholz?
>_Setback for the controversial Nord Stream 2 Baltic gas pipeline: The German Federal Network Agency has temporarily suspended its certification procedure. Without it, the pipeline may not be put into operation._
>The Federal Network Agency has temporarily suspended the procedure for certifying Swiss-based Nord Stream 2 AG as the network operator of the controversial Baltic Sea pipeline. The authority came to this conclusion “after a thorough examination of the documents,” the network agency announced. Certification can only be considered “if the operator is organized in a legal form under German law”. Without certification by the Federal Network Agency, gas transport through the completed Baltic Sea pipeline to the German domestic market is not permitted. There is a risk of fines, for example. According to the EU Gas Directive, operation of the pipeline and distribution of the gas must be sufficiently separated.
>__Proceedings could drag on for months__
>According to the Federal Network Agency, the Swiss company Nord Stream 2 AG, which is backed by the Russian gas group Gazprom, has decided to establish a subsidiary under German law only for the German part of the pipeline. The certification procedure will remain suspended until the transfer of the main assets and human resources to the subsidiary has been completed, it said. The agency could then continue its review. A deadline for the procedure expires in January. Even if the Federal Network Agency gives the go-ahead, a review by the European Commission is then scheduled. This could take up to four months. After that, the Federal Network Agency would have two months for a possible final certification.
Translated with http://www.DeepL.com
Article in english: https://www.dw.com/en/german-agency-suspends-certification-for-nord-stream-2-pipeline/a-59833502
Is this a response to the crisis on the belarussian border? I know putin was putting pressure for the certification of the nord stream, saying that he’d open the gas to europe once it was certified.
I do not understand how at this time he thought the border crisis was a good idea… unless he has something bigger to worry about then the nord stream
Meanwhile BOOM, energy prices are going through the roof, speculators make billions, the biggest gas and oil suppliers make a killing and the EU citizens pay through the nose, millions fall into energy poverty, inflation goes through the roof, but r/europe is happy because… russia.
Good
That’s just German bureaucracy in it’s purest form. Didn’t meet the prerequisites? Go fuck yourself.
Equivalent to any citizen ever trying to wiggle some official act. Forget about it.
Unwise move. The strategic reserves are dangerously low from last winter. Another cold and long winter and an emergency certification process will become necessary. Good luck trying to sell that move politically. Americanist pro-war parties like the Greens are already going apeshit because Merkel discusses the border situation with Lukashenko personally instead of threatening him through the mass media like the West does. Dialogue with Putin is treason of the highest order in their bubble.
Is this really huge or a temporary setback?
They froze the pipe, which caused the gas price to jump up, while they do not have long-term contracts at the old price, which means they still have no other option, than to buy the same Russian gas, but at a higher price due to the freezing of the pipe 😀 brilliant policy. As a result, Russia sells the same amount of gas, but at much higher price and nothing changed except that.
Germany has shot itself in the foot again, but when they realize it, they will blame Russia for sure. As usual.