International media reported that the restoration of Nord Stream is part of Russia's dialogues with the US.
Some US investors are reportedly interested in buying back the Nord Stream 2 operator - a subsidiary of the Gazprom Group (Russia), which is in the process of bankruptcy. According to court documents, Gazprom believes that the Trump administration could significantly change the situation with Nord Stream 2 in the future.
Investor Chris Weafer, who has more than 25 years of experience in Russia, revealed: "There are serious negotiations to transfer control of Nord Stream infrastructure to the US side, with the goal of acting as an intermediary between Gazprom and German customers."
However, economists in Europe are cautious. Ben Hilgenstock from the Kiev Economic Institute emphasized: "Whether Russia and the US reach any further agreement, the use of Russian gas will still be decided by each European country."
In fact, the abandonment of Russian energy since 2022 has caused energy prices in Europe to skyrocket, putting pressure on the industry - especially in Germany. A spokesperson for the BASF Chemical Group admitted that this was a serious problem, although he declined to comment on the prospect of a reconnection with Russian gas.
Mr. Wolfgang Grosse Entrup, Director of the German Chemical Industry Association, said frankly: "We welcome any solution to help lower energy prices, as long as it comes from reliable partners."
However, Hilgenstock warned that cheap energy will always be an attractive prey, and some interest groups will not give up hope of reviving Nord Stream. political pressure will come from there, he commented.
Despite expectations from some sides, the possibility of Nord Stream being reactivated faces a series of major barriers. On the policy level, the EU has committed to ending the use of fossil fuels from Russia before 2027. A detailed strategy for this goal is expected to be announced on June 6.
