Nord Stream 2 could supply gas in the middle of the year, says the head of its operator

The Nord Stream 2 pipeline became part of the psychological war between Russia and the West. Although it has been ready to supply gas since September, it is still awaiting consecration by the German and EU authorities.

The German regulator of energy networks, the Bundesnetzagentur, has previously said that a decision on the commissioning of the Nord Stream 2 gas pipeline will not be made until the second half of this year. However, new information has now emerged that the pipeline could get the green light a few months earlier.

“The agency is assessing the pipeline according to plan. It could be operational as early as mid-2022. Nord Stream 2 is important, “said Klaus-Dieter Maubach, CEO of Uniper, one of the five companies that co-financed the Nord Stream 2 pipeline.

Maubach also denied that anyone would interfere in the approval process. “I do not see any political interference,” he added. However, he did not rule out that Nord Stream could be the target of US sanctions. “Of course there are political risks. If the Russian-Ukrainian conflict intensifies, the pipeline could be subject to sanctions by the United States, “he added.

author avatar
EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

Sephora Stock & LVMH Investment Guide: Is Sephora Publicly Traded?

Sephora is one of the world’s most recognisable beauty...

Japan and US jointly intervene to support yen for first time in 15 years

Japan and the United States carried out a coordinated...

VUG Stock Split: What Vanguard’s 6-for-1 Split Means for Investors

Investors searching for information about the VUG stock split may have...

Dollar, Pound, and Franc: How USD to GBP and Interest Rate Differentials Drive Currency Flows

The relationship between the US dollar, British pound and...

AFP: Developers are testing ways to communicate with books using AI

More and more start-ups and digital publishers are offering...
spot_img

spot_imgspot_img