Gas prices in Europe soared following Germany’s decision to not approve the Nord Stream 2 pipeline yet This means that the commissioning of the pipeline could be delayed until March next year. Natural gas prices in Europe soared higher after Germany indicated this week it had no intention of approving the Nord Stream 2 gas pipeline project before requirements under German law were satisfied. However, Foreign Minister Annalena Baerbock also said that the situation in Ukraine was also a factor in the German government’s decision on the matter. “In the event of further escalation, this gas pipeline could not come into service,” Annalena Baerbock told German media, as quoted by AFP, earlier this week. The remarks follow a comment from Germany’s new Prime Minister, Olaf Scholtz, that “It would be a serious mistake to believe that violating the borders of a European country would remain without consequences.” Meanwhile, the […]