German Chancellor: It was the Right Time to Halt Nord Stream 2
3/3/2022
BERLIN (Reuters) — The halt of the Nord Stream 2 gas pipeline, which was supposed to bring additional gas from Russia to Germany, came at exactly the right time, German Chancellor Olaf Scholz said.
Germany, which gets half its gas from Russia, had long supported the project, arguing it was primarily a commercial project to diversify energy supplies for Europe. It froze the project last month after Russia formally recognized two breakaway regions in eastern Ukraine.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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