Kremlin: Nord Stream 2 pipeline will rebalance gas prices

• Merkel: "Nord Stream 2 is not a weapon against Kiev".

  Zelensky: "Dangerous Russian geopolitical weapon"

• Nord Stream 2 and the tensions between Venezuela and the Vatican in the international press

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September 15, 2021 The Minister for Ecological Transition, Roberto Cingolani, during the CGIL conference organized in Genovail September 14, anticipated that in the next quarter the electricity bill could increase by 40%. This increase, already underway for months, does not only concern Italy but several European countries. The resumption of activities, after the lockdown for Covid-19, has led to a consequent increase in energy needs, causing the prices of raw materials such as natural gas to 

rise, which registered a rise of 30% only in the second quarter of 2021.

And today, a few days after the completion of the laying of the last pipe (200,858) of the "Nord Stream2" gas pipeline from the Kremlin comes the statement by Dimitry Peskov, presidential spokesman: "The timely commissioning of Nord Stream 2 will balance the natural gas prices in Europe also on the spot market. " Putin's voice was also asked whether the new gas price record in Europe will affect the price of methane in Russia. "These processes have nothing to do with Russia" replies Peskov, underlining that "the prices of spot gas do not influence that coming from pipelines whose recipients are not subject to this high volatility because the price there is calculated according to a different formula" .

From the laying of the last pipe now all that remains is to connect it to the section coming from Danish territorial waters and lay it on the bottom of the Baltic Sea, in German waters.And then, as the operating company says, the project will be completed and - second branch of the pipeline that connects Russia and Germany - will go into operation. Within the end of the year

After years of disagreements, threats and sanctions, Germany and the United States have reached an agreement to complete the pipeline. A painful and largely inevitable go-ahead, since the work was completed, with many difficulties, at 95%, the largest offshore plant in Europe (1,230 km of pipelines resting on the bottom of the Baltic Sea, for a investment worth 11 billion dollars), which aims to double (alongside the first line, the shorter North Stream 1.6 km, already operational since 2012) the supply of Russian natural gas to Europe. they depart from Vyborg, north of St. Petersburg and, crossing the territorial waters of Russia, Finland, Sweden, Denmark and finally Germany, reach Greifswald, not far from the Nord Stream 1 outlet:from there the 110 billion cubic meters of methane (55 billion a year, for each line, a total of a quarter of the entire EU's needs) will reach the European refining and distribution hubs.

Moscow (together with Gazprom, the Russian energy giant that owns the plant) has always shown every interest in closing the deal: for economic and political reasons. Washington and Brussels much less, worried by Berlin's growing energy "dependence" on Russia, a country that ended up on the Biden administration's black list (but both Obama and Trump were opposed to the pipeline) and increasingly subject to sanctions, for various reasons: from the frequent violations of human rights (the Navalny and Skripal cases, both victims of attempted poisoning) to having threatened the sovereignty and independence of Ukraine. And it is Ukraine (together with Poland) that reacted most vehemently to the signing of the US-Germany agreement: Russia does not trust, after the invasion of Crimea in 2014."This decision created a political, military and energy threat to Ukraine and Central Europe, while increasing Russia's potential to destabilize the security situation in Europe, perpetuating the divisions between NATO and NATO member states. European Union, ”the Polish and Ukrainian foreign ministers declared in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, on the basis of a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.military and energy for Ukraine and Central Europe, while increasing Russia's potential to destabilize the security situation in Europe, perpetuating the divisions between NATO member states and the European Union, "declared the ministers of Polish and Ukrainian foreigners in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, on the basis of a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.military and energy for Ukraine and Central Europe, while increasing Russia's potential to destabilize the security situation in Europe, perpetuating the divisions between NATO member states and the European Union, "declared the ministers of Polish and Ukrainian foreigners in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, on the basis of a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.while increasing Russia's potential to destabilize the security situation in Europe, perpetuating the divisions between NATO and EU member states, ”the Polish and Ukrainian foreign ministers said in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, based on a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.while increasing Russia's potential to destabilize the security situation in Europe, perpetuating the divisions between NATO and EU member states, ”the Polish and Ukrainian foreign ministers said in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, based on a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.Polish and Ukrainian foreign ministers said in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, based on a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.Polish and Ukrainian foreign ministers said in a joint statement. Moreover, North Stream 2 could wipe out those three billion dollars of land "transit taxes" that Kiev annually collects from Moscow, based on a contract that should remain in force until 2024. The American yes, especially for the Ukraine is a defeat because it actually authorizes the energy by-pass. A defeat that will have to be compensated, in economic and diplomatic terms.A defeat that will have to be compensated, in economic and diplomatic terms.A defeat that will have to be compensated, in economic and diplomatic terms.