BREAKING: German Chancellor Olaf Scholz announced the certification process for the Nord Stream 2 pipeline will be halted after the Kremlin ordered troops into eastern Ukraine, saying that 'the situation has fundamentally changed.'
German Chancellor Olaf Scholz announced Tuesday that the certification process for the Nord Stream 2 pipeline will be halted after the Kremlin ordered troops into eastern Ukraine, saying that "the situation has fundamentally changed."It's a stunning turn of events for the $10 billion, Russia-to-Germany natural gas pipeline, which Scholz had long resisted naming as a potential sanctions target if Russia invaded Ukraine.
The U.S. has long held the position that Nord Stream 2 is a malign Kremlin geopolitical influence project that would increase Europe's reliance on Russian gas, but President Biden allowed construction to proceed last year in order to repair relations with Germany.on Russian gas, which had raised questions about Berlin's willingness to stand up to Moscow with the harsh sanctions that the U.S. and other European allies had promised.
The move drew widespread international condemnation, but questions arose over whether it would trigger the "massive" sanctions that the U.S. and its allies had pledged in response to a full-scale invasion.with Scholz earlier this month that "there will no longer be a Nord Stream 2" if Russian troops cross Ukraine's border, but the German chancellor declined to affirmatively make that commitment.
A senior U.S. official also hesitated on Monday night to characterize Putin's actions as a "new step," noting that Russian forces had been in eastern Ukraine covertly for the past eight years.The U.S., U.K. and European Union have said more sanctions are forthcoming. But halting Nord Stream 2 as an initial step is by far the toughest action the West has taken against Russia thus far.
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