Nord Stream 2 is Based on Multi-Billion Investments from Six Energy Firms, Not Political Deals, Operator Says


The pipeline’s future currently hangs in the balance following threats by the German government to stop its construction over allegations against Russia and purported its role in the yet-to-be-proven poisoning of opposition figure Alexei Navalny.

The Nord Stream 2 pipeline is an economic project based on the investments of large energy companies, most of them European, rather than on some political agreements, the project’s operator has stated.

Nord Stream AG added that the pipeline project is being implemented in accordance with national and international laws and that it has received all the necessary clearances from the regulating bodies of the five countries involved.

New Challenges for Nord Stream 2 Over Navalny’s Alleged Poisoning

The pipeline, the construction of which has faced numerous challenges, such as negotiating the terms for it to operate, being granted clearances from involved countries, and US sanctions, is now facing the threat of being stopped near its competition. The issue emerged after Germany accused Moscow of poisoning opposition activist Alexei Navalny with a military-grade nerve agent from the Novichok group. While Berlin has failed to hand over data proving that the activist was poisoned, something that was dismissed by the Russian doctors during his initial hospitalisation, the German government demands that Russia explain itself and find those responsible, threatening to block…

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