Natural gas in Europe to rise to 2000 euros PTCM after Nord Stream 2 suspension

By tdpel

Published: February 23, 2022 | 8:43 AM GMT

Deputy Chairman of the Russian Security Council Dmitry Medvedev wrote on his Twitter account that natural gas price in Europe will soon rise to €2000 per thousand cubic meters following suspension of the certification of the Nord Stream 2 gas pipeline.
“German Chancellor Olaf Scholz instructed to stop the certification of the Nord Stream 2 gas pipeline. Well, then, welcome to the new world, in which Europeans will soon be paying 2,000 euros per thousand cubic meters of gas,” he tweeted.

German Chancellor Olaf Scholz has issued an order to halt the process of certifying the Nord Stream 2 gas pipeline. Well. Welcome to the brave new world where Europeans are very soon going to pay €2.000 for 1.000 cubic meters of natural gas!

— Dmitry Medvedev (@MedvedevRussiaE) February 22, 2022

On February 22, the German Ministry of Economy ordered to stop the certification of Nord Stream 2.

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About tdpel

Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.