×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
31
Jan 2026
weather symbol
Athens 12°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

USA: Gold and silver prices plummet after Kevin Wears is chosen to lead the Fed

The signatures were finalized for the first agreement to sell US LNG to Ukraine

Mitsotakis: In order to be a prosperous and democratic country, we must be safe – Citizens accept that defense spending is necessary

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

USA: Gold and silver prices plummet after Kevin Wears is chosen to lead the Fed

January 30, 2026

The signatures were finalized for the first agreement to sell US LNG to Ukraine

January 30, 2026

Mitsotakis: In order to be a prosperous and democratic country, we must be safe – Citizens accept that defense spending is necessary

January 30, 2026

Severe bad weather arriving over the weekend: When storms will hit Attica – Warning for six regions

January 30, 2026

More than 3.5 million Epstein case documents made public: Andrew’s email about a “beautiful” 26-year-old Russian woman, 3,200 references to Trump

January 30, 2026

Communication between Gerapetritis and Rubio: Focus on the 6th round of the Strategic Dialogue in Athens

January 30, 2026

Syria: ‘Closed security zone’ declared in Al Hall camp, where relatives of Islamic State members live

January 30, 2026

Mitsotakis: Tax cuts mean wage increases – We said it, we did it!

January 30, 2026
All News

> Politics

Mitsotakis: In order to be a prosperous and democratic country, we must be safe – Citizens accept that defense spending is necessary

Statements by the Prime Minister from Zagreb, where the EPP Summit is taking place – He was asked to answer why Greece spends so much money on defense

January 30, 2026

Communication between Gerapetritis and Rubio: Focus on the 6th round of the Strategic Dialogue in Athens

January 30, 2026

Mitsotakis: Tax cuts mean wage increases – We said it, we did it!

January 30, 2026

Kyriakos Mitsotakis at the construction site of Kastelli airport

January 30, 2026

Senior diplomatic source: Critical juncture for the Cyprus issue – No basis for discussion of continental shelf and EEZ with Turkey

January 30, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα