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EU: Fate of Nord Stream 2 linked to Russia's behavior in Ukraine

The fate of the Nord Stream 2 pipeline is linked to any potential conflict with Russia over Ukraine, the EU's foreign policy chief Josep Borrell said, siding with the U.S. on the way forward. 

"Certainly, the functioning of this infrastructure will also depend on the development of the events in Ukraine and the attitude of Russia," he told reporters after a meeting of European Union defense ministers in Brest.

"You cannot imagine that we are thinking on one side of imposing sanctions (on Russia), just in case - and on the other hand to open infrastructure. It is certainly linked to the military situation in Ukraine, it's obvious." 

Should Russia de-escalate, though, the decision on opening the pipeline between Russia and Germany would be in the hands of German and European regulators, Borrell added. 


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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
With Henry Hub (HH) natural gas prices almost twice as high year over year, as of the time of writing in late October, and similarly record-high prices in Europe and Asia driving competition for LNG, the gas market is rife with tension.
Executive Viewpoint: Building the foundation for a low-emission LNG facility
-Jennifer Adams
Electric LNG (i.e., eLNG) has emerged as a powerful decarbonization pathway for LNG project stakeholders.
Maintenance and Reliability: Looking beyond processing efficiency to optimize operations
-Adam Bozick
When facility owners think about plant optimization, the emphasis often is on maximizing throughput and, in many cases, that means focusing on processing equipment.


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