Feb 22, 2022, 07:33am
One of the biggest measures taken by the west against Russia in response to its actions in Ukraine was announced Tuesday by the German Chancellor.
The German Chancellor announced the suspension of the pipeline.
The government decided to re-examine the certification of the pipeline, which is yet to become operational, according to the minister.
The measure is in response to Russia's recent actions in Ukraine, which include the deployment of troops into two pro-Russian enclaves.
The certification of the project was issued by the former Chancellor before she left office.
The nation's economic affairs ministry will assess the security of Germany's energy supply in light of the situation that has emerged in the last few days.
42%. The European Union imports natural gas from Russia. 27% of all crude oil imported by the regional bloc is supplied by Russia. The Biden administration is looking for alternate suppliers in the Middle East, North Africa, Asia and the U.S. in order to wean Europe away from Russian fossil fuels.
Germany and the U.S. are at odds over the $11 billion project, which would increase Europe's dependence on Russia for its energy needs. The Ukrainian government strongly opposed the project because it bypassed a traditional transit point for Russian gas and made it more vulnerable to a Russian invasion. President Joe Biden warned that the United States would bring an end to the Nord Stream 2 if Russia invaded Ukraine. Biden said that the U.S. and Germany are working together to respond to the Ukraine crisis.
The approval of the Nord Stream 2 was halted by Germany.
Germany suspends the Nord Stream 2 gas line.
Biden vows that the Nord Stream 2 will be canceled if Russia attacks Ukraine.
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