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Germany suspends Nord Stream 2 gas pipeline approval

The German Federal Ministry for Economic Affairs and Climate Action has halted the certification process of the Nord Stream 2 gas pipeline by withdrawing its security of supply report for the project, in response to Russia's actions in Ukraine. Consequently, as long as the security of supply report is not updated, no positive certification decision can be made by the Federal Network Agency (Bundesnetzagentur or BNetzA).

The €9.5bn (US$11bn) Nord Stream 2 project is aimed at doubling the throughput of the current Nord Stream gas pipeline between Vyborg (Russia) and Greifswald (Germany), from 55 bcm/year to 110 bcm/year. The gas pipeline is developed by Gazprom (50%), Uniper, Shell, OMV, Wintershall and Engie (10% each). In November 2021, the BNetzA suspended the approval process of Nord Stream 2 AG as an independent gas transmission network operator, requiring the operator to be organised in a legal form under German law. The construction of the project started in May 2018 and was completed in September 2021.