After Europe breathed a sigh of relief, the Nord Stream 2 pipeline project was put on hold.

In a moment in which Europe breathed a sigh of relief after the completion of the Nord Stream 2 pipeline project for the transport of Russian gas in Europe, and two months after the completion of this most controversial project in the global gas sector, e in one moment in which the sector was going through a suffocating crisis and a rise record of global prices, the regulator of energy in Germany has temporarily accepted the Nord Stream 2 project.

The German authority stated that the company managing the project must comply with the provisions of German law.

The pipeline of the project, in capable of transporting 55 billion cubic meters of gas per year, it extends over 2,200 kilometers under the waters of the Baltic Sea, the same route as the Nord Stream 1 project, entered in service in 2012.

The project, managed by the Russian giant “Gazprom” and valued at over 10 billion euros, is jointly financed by 5 European energy sector groups (OMV, ENGIE, Wintershall DIA, Uniper and Shell).

The president of the United States had given up on obstructing the project, considering that it was too late and that it was better to bet on an alliance with Germany to guarantee collaboration with it on other issues.

Germany is the main distributor of the pipeline within the European Union and hopes the project will help it realize its vision of being at the same time a center for European gas.

The project had met with great opposition in several countries and Ukraine considered the project a threat to deprive it of taxes for the passage of Russian gas to Europe, in one moment in to which the previous US administration imposed sanctions on the companies participating in the project, as well as on Poland and the Baltic states that oppose the growing Russian influence on Europe, up to the German Green Party, which is strenuously opposed to it.

For his part, Hawk Energy’s energy adviser Khaled Malallah Al-Awadi said in an interview with the Al-Arabiya channel, that there are political and non-economic pressures on the “Nord Stream 2” line, including US pressure and European sanctions on Russia.

Regarding European alternatives to Russian gas, Al-Awadi said that Europe’s nuclear energy infrastructure can be relied upon to cover the shortage of natural gas and also the use of coal in power plants, bringing them back to work. new with coal, as it was made in Great Britain in the previous month.

Khaled Malallah Al-Awadi explained that the ownership of the gas in America is completely different from Europe, since the prices of electricity for consumers in Europe differ at night from day, but in America change every 6 months.

He pointed out that America is one of the largest producers of gas and oil, while Europe is almost running out of energy and gas resources, and Europe depends on importing 90% of its natural gas needs, 40 % from Russia and the rest from other countries.

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