HomeGermany Approves Resuming Russia Gas Pipeline WorkBusinessGermany Approves Resuming Russia Gas Pipeline Work

Germany Approves Resuming Russia Gas Pipeline Work


BERLIN (AP) — German authorities on Friday gave immediate permission for work to resume on a subsea pipeline bringing natural gas from Russia.

The decision by the Federal Maritime and Hydrographic Agency can be appealed, meaning there could be another halt to the construction on the Nord Stream 2 project, which has drawn major criticism from the United States, some other European countries and environmental groups.

The U.S. government has argued that the Baltic Sea pipeline would make Europe more dependent on Russian gas and hurt European energy security. The Kremlin has responded by accusing Washington of trying to promote its own liquefied natural gas sales.

The Russian state-controlled natural gas company, Gazprom, has positioned a ship to resume work on the multibillion pipeline, which was suspended after a Swiss firm pulled its vessels out of the project amid threats of U.S. sanctions. Because the Russian ship is of a different type than the Swiss vessels, Germany had to issue fresh authorization.

Gazprom says 6% of the pipeline, or about 150 kilometers (93 miles), still needs to be completed.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

payday smile logo

PaydaySmile.com is a financial technology company specializing in payday loans and financial solutions. With a keen focus on catering to payday lending needs, the company provides tailored loan options and tools to assist individuals seeking short-term financial assistance. It’s important to note that while we offer financial tools and resources, we are not a direct lender.

Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

© 2024 PaydaySmile.com . All Rights Reserved.