EnergyPolitics Germany has no plans to launch Russia’s Nord Stream, regardless of American efforts. Wednesday, June 18, 2025
The German authorities doesn’t intend to restart the Nord Stream 1 fuel pipeline, used to move Russian fuel, or to launch Nord Stream 2, stated Deputy Authorities Spokesperson Sebastian Hille. This assertion adopted studies that the pipeline operator’s debt, Nord Stream 2 AG (a subsidiary of the Russian Gazprom), was stated to be repaid by American investor Stephen Lynch. He’s concerned with buying and repairing each Nord Stream pipeline networks and launching them below a US license.
Lynch has communicated his plans to officers on the German Ministry of Economics and has filed an software with the US Workplace of Overseas Belongings Management (OFAC) to carry sanctions on Nord Stream 2. The investor argues that launching fuel pipelines below an American license would “de-Russify” the pipelines and “guarantee American affect on the European vitality infrastructure.”
Lynch has deep enterprise ties in Russia, having spent 20 years there and been concerned within the acquisition of property from Russian firms, together with Sberbank and Yukos. Beforehand, German Chancellor Friedrich Merz and the European Fee rejected the potential for launching the fuel pipelines.