nord stream revival unlikely

Germany has slammed the door shut on any hopes for a Nord Stream pipeline revival. Chancellor Friedrich Merz‘s administration has made it crystal clear: the controversial pipeline will remain dead in the water. Forever.

Berlin’s definitive shutdown of Nord Stream marks a permanent end to Russia’s pipeline dreams.

The 2024 EU Gas Directive threw a massive wrench into Gazprom’s plans, requiring non-EU pipeline owners to pass a security test that Russian companies simply can’t meet these days. Germany isn’t just sitting back, either. They’re actively crafting new laws to block any sneaky attempts to sell or reactivate Nord Stream 2. Game over.

Remember when the German Federal Network Agency halted the regulatory approval process back in 2021? That was just the beginning. Now, after the 2022 sabotage that damaged both pipelines, German officials have completely changed their tune about Russian gas. No more Mr. Nice Guy.

The political consensus is overwhelming. Merz publicly promised to keep Nord Stream non-operational, and he’s got parliament backing him up. When American investors tried to lobby their way in, suggesting they could buy the pipeline and bypass EU rules, they hit a solid German wall of “nein.”

It’s pretty awkward for companies like Wintershall and Uniper that poured billions into this project. €9.5 billion down the drain! Those investors must be kicking themselves now. The economic pain has been real—energy prices shot up, markets scrambled for new suppliers, and German companies are writing off assets left and right.

Meanwhile, Moscow keeps trying to revive their cash cow, proposing all sorts of ownership shell games. Not happening. The 2022 sabotage changed everything, highlighting just how vulnerable this underwater infrastructure really is.

German policymakers now view the pipeline as a security threat, not an asset. Economy Minister Robert Habeck has been particularly vocal in his opposition to project revival, reinforcing Germany’s commitment to independence from Russian energy sources. During a press conference with Ukrainian President Volodymyr Zelenskyy, Merz emphasized that keeping Nord Stream blocked would help weaken Moscow’s war machine. They see it as undercutting sanctions and European unity. So they’re closing legal loopholes and making sure their energy policy doesn’t lead them back into Russian dependency.

The message couldn’t be clearer: Nord Stream is dead. And Germany’s keeping it that way.

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