×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
07
Mar 2026
weather symbol
Athens 17°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

The Germans “froze” the certification process of Nord Stream 2 – 12% increase in gas prices

What it takes to get the process off

Newsroom November 16 05:31

The German energy regulator, announced today the temporary suspension of the certification process of Nord Stream 2, the gas pipeline connecting Russia with Germany, citing a legal hurdle.

The decision is likely to delay the long-awaited approval of the service, as certification is one of the last steps before the start of the pipeline, which will allow Russian gas to circulate in the European pipeline network.

The approval of Nord Stream 2 “is possible only if the administrator is organized under a legal framework of German law”, the German regulatory authority said in a statement.

Following the announcement, the price of gas rose in the markets by 12%, at a time when Europe is already experiencing a price spike.

The certification process will remain frozen until the operator of Nord Stream 2, based in Chuk, Switzerland, completes the transfer of “key assets and human resources” to a German-based subsidiary for the German section of the pipeline. The process must be completed in four months.

See Also:

>Related articles

Pezeshkian responds to Trump on unconditional surrender: “A dream you will take to your grave”

Oil: Explosive weekly surge of 35% in US crude and 28% in Brent amid crisis in the Strait of Hormuz

British Wildcat helicopters and Italian frigate Martinengo strengthen the air-defense shield in Cyprus

Mirror: Seven “commissioners” took over Elizabeth’s duties

The construction of the pipeline has been completed and the supply has started from the Russian side, so everything needs to move fast. The approval to the European Commission will also be necessary. As a result, the start-up of the pipeline may be delayed.

Nord Stream 2 is being criticized mainly in Eastern Europe for leaving Europe exposed to Russian energy for its supply, increasing its European energy dependence and sacrificing the interests of Ukraine, an ally of the West and a transit country for Russian gas.

Ask me anything

Explore related questions

#certification#diplomacy#economy#energy#germany#Natural Gas#Nord Stream 2#politics#prices#russia
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Esat, the last Pasha of Ioannina: Captivity, the applause of Greeks in Piraeus, staying in a luxury hotel in Kifisia

March 7, 2026

Lefteris Petrounias Wins Silver in the Rings Final at the Baku World Cup

March 7, 2026

Pezeshkian responds to Trump on unconditional surrender: “A dream you will take to your grave”

March 7, 2026

Actor Christos Valavanidis has passed away

March 7, 2026

The new Road Traffic Code brings the first positive results: Noticeable reduction in fatal road accidents in Attica

March 7, 2026

Thriller over the disappearance of the “rebetis of Aristotelous” in Thessaloniki

March 7, 2026

How Iran fell from within: The “invisible” traitor and the decisive role of Mossad

March 7, 2026

New Israeli bombings in Iran, barrage of explosions in Tehran – Iranian attacks on Bahrain and Qatar (Update)

March 7, 2026
All News

> World

Pezeshkian responds to Trump on unconditional surrender: “A dream you will take to your grave”

The President of Iran called on Iranians to set aside internal disagreements and unite to defend the country

March 7, 2026

How Iran fell from within: The “invisible” traitor and the decisive role of Mossad

March 7, 2026

New Israeli bombings in Iran, barrage of explosions in Tehran – Iranian attacks on Bahrain and Qatar (Update)

March 7, 2026

Reuters: Turkish MIT asked Britain’s MI6 to help protect Syrian leader al-Sara

March 6, 2026

Scientists grew chickpeas in simulated lunar soil

March 6, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα