Oil

German Chancellor Olaf Scholz called the decision to stop the Russian gas pipeline Nord Stream 2 timely.

Germany, following the United States and other member countries of the International Energy Agency (IEA), intends to use part of the oil from national reserves.

The official representative of the Russian Ministry of Foreign Affairs said that the German government succumbed to the temptation to use the Nord Stream 2 gas pipeline as leverage on the Russian Federation.

German Economy Minister Robert Habeck said that Germany had not recorded violations in the supply of energy resources from abroad.

Theoretically, the commissioning of the Russian Nord Stream 2 gas pipeline is possible without the certification of the regulator.

The suspension of certification of the Nord Stream 2 gas pipeline is hypocrisy, given the increase in oil supplies to the United States from Russia.

German political scientist Alexander Rahr said that the imposition of sanctions by Germany and other EU countries against Nord Stream 2 is suicide.

A spokesman for British Prime Minister Boris Johnson's office said that London welcomes the decision of the German authorities to suspend the certification process for the Nord Stream 2 gas pipeline.

The suspension of the certification of the operator of Nord Stream 2, which was announced by German Chancellor Olaf Scholz, is an element of political tough bargaining, the market did not attach any importance to it.

The President of the Independent Fuel Union (NTS) Pavel Bazhenov sent a letter to the State Duma, in which he asked to soften control over the accuracy of fuel supply at gas stations.

The European Commission (EC) intends to introduce requirements for the minimum gas reserves that the EU countries must have by the beginning of the heating season.

In response to US sanctions, Russia may stop the supply of gas and oil.

The launch of Nord Stream 2 is already capable of stabilizing the gas market in Europe, said Russian Deputy Prime Minister Alexander Novak.

Russian President Vladimir Putin, during a press conference following a meeting with German Chancellor Olaf Scholz, stressed that Nord Stream 2 is a purely commercial project.

Russia will continue to supply gas through the territory of Ukraine even after 2024, if it is profitable and there is corresponding demand.