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Germany’s Scholz Halts Nord Stream 2

Adel 22 February, 2022 3:54 pm Breaking News, Commodities, Forex Market, Global Stock Market, Market Update

German Chancellor Olaf Scholz postponed the Nord Stream 2 gas pipeline certification, designed to bring Russian gas to Germany on Tuesday after Russia formally recognized two breakaway regions in eastern Ukraine.

The €10 billion pipelines, which were recently completed but not yet operational, transported 55 cubic meters of natural gas annually from Russia to Europe.

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