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Economics & Business News

German Economy Minister did not rule out the launch of Nord Stream 2

German Economy Minister Robert Habeck said that the decision of the Cabinet of Ministers to suspend the certification of Nord Stream 2 does not mean that it will never be launched.

He explained that the revision of the report on Nord Stream 2 by Germany is a legal step. “This does not say that there will be sanctions against the pipeline or that it will never be launched,” Habek said on the radio station Deutschlandfunk.

The minister added that a new report on the situation around Nord Stream 2 would be ready within a few months.

Earlier, German Chancellor Olaf Scholz instructed the Ministry of Economy to stop the certification of Nord Stream 2. We are talking about the revocation of the document on the basis of which the Federal Network Agency carried out the certification of the gas pipeline operator.

This decision was announced after Russian President Vladimir Putin signed a decree recognizing the independence of the Donetsk and Luhansk People's Republics. According to Scholz, the gas pipeline cannot yet be certified due to Russia's "recent actions".

German Economy Minister did not rule out the launch of Nord Stream 2