Prospects for Russian gas supplies to Germany via Nord Stream 2

Song Minh |

Former Chancellor Angela Merkel has no regrets about approving the Russian gas pipeline Nord Stream 2.

Former German Chancellor Angela Merkel said buying Russian gas was a good deal, dismissing suggestions it could be a strategic mistake.

Merkel, who served as German chancellor from 2005 to 2021, was in Paris this week to promote her memoirs. She gave an exclusive interview to state television channel France 2, in which she was asked about Germany's energy relationship with Russia.

"The gas trade with Russia has a long tradition, which began during the Cold War and continued during my time in office. I don't think it was a mistake, because we were able to buy Russian gas at preferential prices," Merkel said in an interview broadcast on the evening of December 9.

"It's a win-win situation," the former prime minister added.

After the Russia-Ukraine conflict escalated, Germany had to look elsewhere for gas because of "skyrocketing prices," Merkel said, noting that this would have happened much sooner if Berlin had stopped doing business with Moscow during her tenure.

"I believe it is reasonable to buy the cheapest gas," Merkel told France 2.

Cuu Thu tuong Duc Angela Merkel. Anh: Xinhua
Former German Chancellor Angela Merkel. Photo: Xinhua

Merkel has previously defended the decision to build Nord Stream 2, noting that she “did not have the support of the business community to stop gas trade with Russia” at the time. The Nord Stream 2 gas pipeline project was launched in 2015, and the first pipe was laid in 2018.

Meanwhile, the government of Merkel's successor, German Chancellor Olaf Scholz, has accused Russia of "cutting off" German gas. Chancellor Olaf Scholz's coalition partner, Vice Chancellor Robert Habeck, moved to end energy deals with Russia before the outbreak of the Ukraine conflict, citing EU sanctions against Russia. Habeck, a former Green Party leader, has presented the move away from Russian gas in favor of "renewable energy" as an environmentally responsible policy choice.

As a result, Berlin refused to certify the Nord Stream 2 pipeline in January 2022, even though the pipeline was due to be completed by the end of 2021.

The Nord Stream and Nord Stream 2 pipelines were destroyed by a series of underwater explosions in September 2022, damaging three of the four branches of the two pipelines. Investigations in Germany, Sweden and Denmark have yet to identify the culprits behind the Nord Stream sabotage, although German media blamed a group of Ukrainians.

One branch of Nord Stream 2 was not damaged in the bombing and could still supply Russian gas to Germany if Berlin changes its policy and certifies the pipeline.

The loss of Russian gas and reliance on much more expensive US liquefied natural gas (LNG) has since pushed energy prices in Germany beyond what many industrial companies can afford, triggering a wave of closures and bankruptcies.

In an interview in December 2022, Merkel revealed that Germany and France viewed the Minsk Agreement – ​​a framework for a peaceful resolution of the dispute between Kiev and the two Donbass republics – as a game of stalling until the West could arm Ukraine to confront Russia. Former French President Francois Hollande confirmed her statement.

Song Minh
TIN LIÊN QUAN

Russian gas giant breaks record for 8th time

|

Russian gas giant Gazprom breaks export record to China for 8th time.

EU pressures US to ease sanctions on Russia

|

EU countries oppose US sanctions on Russian banks, cutting off the last way for the EU to pay for Russian gas.

EU country names professional suspect in Nord Stream destruction

|

Nord Stream terror attack involved professional military, says Slovakia's EU prime minister.

Techcombank and the confusing interest rate bonus program

|

The 0.5%-1% interest rate increase program at Techcombank attracts customers, but shows signs of a lack of transparency and clear commitment, raising many big questions.

General Department of Taxation thoroughly implements the work of streamlining and streamlining the apparatus

|

The General Department of Taxation has issued Official Dispatch No. 5712/TCT-TCCB directing the entire Tax sector on the work of restructuring the apparatus.

Working towards the goal of achieving net zero emissions by 2050

|

Mr. Nguyen Tuan Quang - Deputy Director of the Department of Climate Change, Ministry of Natural Resources and Environment believes that with the participation of the entire political system, people and businesses, the goal of achieving zero net emissions will become a reality.

Indonesia and Laos share points after 3-3 draw at ASEAN Cup

|

On the evening of December 12, the Indonesian team was tied with Laos after a 3-3 draw in the second match of Group B - ASEAN Cup (formerly known as AFF Cup) 2024.

Workers pioneer in environmental protection

|

On the afternoon of December 12, in Hanoi, Lao Dong Newspaper organized an online forum "Workers' Forum for the Environment in 2024".

Russian gas giant breaks record for 8th time

Khánh Minh |

Russian gas giant Gazprom breaks export record to China for 8th time.

EU pressures US to ease sanctions on Russia

Ngọc Vân |

EU countries oppose US sanctions on Russian banks, cutting off the last way for the EU to pay for Russian gas.

EU country names professional suspect in Nord Stream destruction

Khánh Minh |

Nord Stream terror attack involved professional military, says Slovakia's EU prime minister.