This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at https://www.rt.com/business/534894-lavrov-nord-stream-2-launch-2022/

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
EU red tape prevents Russia from boosting NS2 gas supplies to Europe – Lavrov EU red tape prevents Russia from boosting NS2 gas supplies to Europe – Lavrov
(about 1 month later)
Despite the completion of Nord Stream 2, Europe should not expect the Russian pipeline to start deliveries this year due to bureaucracy within the EU, Russian Foreign Minister Sergey Lavrov warned on Wednesday.Despite the completion of Nord Stream 2, Europe should not expect the Russian pipeline to start deliveries this year due to bureaucracy within the EU, Russian Foreign Minister Sergey Lavrov warned on Wednesday.
“Now the process of obtaining the necessary permits from the German regulator is underway. The process is not fast. The beginning of 2022 has been indicated,” Lavrov told the press.“Now the process of obtaining the necessary permits from the German regulator is underway. The process is not fast. The beginning of 2022 has been indicated,” Lavrov told the press.
Experts say this could be the reason behind the current surge in gas prices, which have been smashing records for several days now. According to the press secretary of the German Federal Network Agency (BNetzA), Fita Wolf, Nord Stream 2’s certification may take several months, a prospect which practically forces market participants to raise prices.Experts say this could be the reason behind the current surge in gas prices, which have been smashing records for several days now. According to the press secretary of the German Federal Network Agency (BNetzA), Fita Wolf, Nord Stream 2’s certification may take several months, a prospect which practically forces market participants to raise prices.
To add to the problem, the pipeline’s main adversaries, Ukraine and the United States, have both vowed to complicate the certification procedure.To add to the problem, the pipeline’s main adversaries, Ukraine and the United States, have both vowed to complicate the certification procedure.
According to Lavrov, there will be many roadblocks before certification is finally granted.According to Lavrov, there will be many roadblocks before certification is finally granted.
“I have no doubt that attempts to attack this gas pipeline will continue,” the Russian foreign minister said.“I have no doubt that attempts to attack this gas pipeline will continue,” the Russian foreign minister said.
Gas prices in Europe have risen 20% since the start of trading on Wednesday. The price of October futures on the Dutch TTF exchange exceeded $964 per 1,000 cubic meters by 11am GMT, ICE data shows.Gas prices in Europe have risen 20% since the start of trading on Wednesday. The price of October futures on the Dutch TTF exchange exceeded $964 per 1,000 cubic meters by 11am GMT, ICE data shows.
For more stories on economy & finance visit RT's business sectionFor more stories on economy & finance visit RT's business section
Dear readers and commenters,
We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.
Sorry for the inconvenience, and looking forward to your future comments,
RT Team.