Rumors of the US taking over Nord Stream 2, bringing Russian gas to Germany

Khánh Minh |

There are rumors that Nord Stream 2 could be transferred to the US for control so that Germany can receive gas from Russia.

In a surprising turning point on the European energy chess, the US could take control of the Nord Stream 2 gas pipeline to bring Russian gas to Germany, according to Bild on March 20.

If this scenario becomes a reality, it will completely overturn the geopolitical and energy situation between Washington, Berlin and Moscow.

According to German newspaper Bild, the US and relevant parties are discussing a new gas deal in which Washington could take control of Nord Stream 2 - a project that was frozen by Russian sanctions.

If the pipeline is put back into operation under US control, Russian gas will still be able to flow to Germany, but not under direct control of Moscow.

However, to implement this plan, not only the US but also the European Union (EU) must partially lift sanctions against Russia. Currently, German companies cannot trade directly with Russia but must go through third countries, making gas supplies more expensive and complex.

Ro ri khi dot sau vu no duong ong Nord Stream, ngay 27.9.2022. Anh: Xinhua
Gas leak after the Nord Stream pipeline explosion, September 27, 2022. Photo: Xinhua

While this could help lower gas prices and stabilize German industry, some European experts are skeptical.

Simon Gerards, a Russian expert at the German Economic Institute, said that the EU's lifting of sanctions in exchange for Russian gas would be "a completely unacceptable political collapse".

Despite the objections, some politicians in the Christian Democratic Union (CDU) have not ruled out re- importing Russian gas when the Ukrainian conflict ends.

MP Thomas bareis admitted that if Berlin- Moscow relations are normalized and sanctions are gradually eased, restarting Nord Stream 2 could be a viable option.

He even suggested that the pipeline could operate under US supervision to ensure Germany's energy security without "losing the EU's face".

Jan Heinisch, Vice President of CDU in Nordrhein-Westfalen, stressed Germany's need to avoid relying on a single supplier and not let other countries impose gas prices on the German economy. He is also involved in planning the energy strategy for the potential CDU/SPD alliance.

However, not everyone agrees with this prospect. German Economy Minister Robert Habeck said on March 17 that restoring Nord Stream 2 to re-inflate Russian gas was "a completely wrong decision".

The European Commission (EC) itself also expressed a negative view, with spokesperson Anna-Kaisa Itkonen asserting that Nord Stream 2 "is not an EU concern" because it does not help diversify energy supply.

Since Russia cut off gas supplies through Ukraine and Nord Stream was destroyed in 2022, Germany has struggled to find alternative energy sources.

Despite boosting imports of liquefied natural gas (LNG) from the US, Norway and Qatar, Europe's largest economy still faces high energy costs, reducing the competitiveness of the country's industry.

Khánh Minh
RELATED NEWS

Hundreds of billions of dollars flee the EU amid gas tensions

|

The EU is seeing a huge wave of capital withdrawals, up to 300 billion euros ($325 billion) per year due to skyrocketing gas prices.

Sudzha gas station demolished, ceasefire signals fragile

|

Russia has opened a criminal case over Ukraine's sabotage of the Sudzha gas station, violating a ceasefire agreement.

Reopening Nord Stream 2 is a mistake that could put Germany in a difficult position

|

Reopening Nord Stream 2 would be a catastrophic mistake for Germany, according to the Financial Times.

Rejecting the proposal not to convert prison sentences into other sentences

|

The National Assembly Standing Committee removed the provision of "not converting prison sentences into other sentences" in the draft Law on Transferring People serving prison sentences.

Chairman of Lao Cai directs inspection of the case of "preschool teachers being charged additional hours"

|

Lao Cai - The Chairman of the Provincial People's Committee assigned the Department of Education and Training to coordinate with the People's Committee of Dong Cuong commune to organize an inspection and verification of the reflection.

Low pressure near the East Sea causes strong impact, forecast heavy rain, flooding

|

The low pressure area moving near the East Sea has begun to cause widespread heavy rain with a high risk of flash floods, landslides and localized flooding

Seminar: Removing policy obstacles to help low-income workers and laborers access social housing

|

The housing demand for workers and low-income laborers is still urgent, but the implementation of social housing development policies still has many shortcomings.

DT 744 road in Ho Chi Minh City has many dangerous holes, people place warning water bottles

|

HCMC - DT 744 road in HCMC is flooded, with many potholes and deep holes. People had to place water bottles and other items to warn of the danger.

Hundreds of billions of dollars flee the EU amid gas tensions

Khánh Minh |

The EU is seeing a huge wave of capital withdrawals, up to 300 billion euros ($325 billion) per year due to skyrocketing gas prices.

Sudzha gas station demolished, ceasefire signals fragile

Khánh Minh |

Russia has opened a criminal case over Ukraine's sabotage of the Sudzha gas station, violating a ceasefire agreement.

Reopening Nord Stream 2 is a mistake that could put Germany in a difficult position

Thanh Hà |

Reopening Nord Stream 2 would be a catastrophic mistake for Germany, according to the Financial Times.