In a significant economic retaliatory measure against Russia’s decision to invade eastern Ukraine, Germany halted the certification of Russia’s giant Nord Stream 2 natural gas pipeline on February 22. Germany’s decision not to certify the US$11 billion, 5.3 billion cubic feet per day (Bcf/d) capacity pipeline means that gas cannot flow through the 750 miles of … Continue reading European Gas Prices Soar from Already High Levels Following Nord Stream 2 Halt