link : Energy Prices Explode In Europe After Germany Refuses To Give The Greenlight To Receive Natural Gas From A Russian Pipeline
Energy Prices Explode In Europe After Germany Refuses To Give The Greenlight To Receive Natural Gas From A Russian Pipeline
Guardian: Gas prices near record highs as Berlin rejects pipeline from Russia
Germany says escalating tensions over Ukraine are one factor in Nord Stream 2 not getting green light
Gas prices across the UK and Europe are on course to return to record highs after Germany said a controversial pipeline from Russia could not be approved amid deepening tensions on the Ukrainian border.
The German foreign minister, Annalena Baerbock, said the Nord Stream 2 pipeline could not be given the green light in its current form because it did not meet the requirements of EU energy law.
Read more ....
Update: European Gas And Power Prices Jump As Supply Shortage Fears Erupt (Zero Hedge)
WNU Editor: The Germans are just shooting themselves in the foot .... Germany committed to Ukraine's gas transit role, says Scholz (The Guardian).
And as for Russia's Gazprom and the Kremlin. They are not worried. They are seeing record profits .... Gazprom profits as Russia prospers from Europe’s gas crisis (The Guardian).
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