Sunday, August 7 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Germany eyes nationalizing section of Nord Stream 2


    June 24, 2022 - Thai News Service

     

      The German Ministry for Economic Affairs and Climate Protection is studying plans to nationalize the German section of the Nord Stream 2 pipeline and connect it to a floating terminal for receiving liquefied natural gas, Spiegel reported on Friday, citing sources.

      According to the article, the German government intends to connect the German portion of the pipeline to the LNG terminal. Spiegel recalled that Nord Stream 2 was already connected to the distribution network and that the segment could deliver gas directly to the south of Germany.

      Experts, on the other hand, are concerned that disconnecting the pipes will cause environmental difficulties. Furthermore, there is uncertainty regarding property rights. Nord Stream 2 AG is on the verge of bankruptcy and has appointed an interim manager.

      Above all, the German authorities are concerned about Russian response, particularly the potential nationalization of German enterprises' property in Russia.

      Source: Russian News Agency

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.