Germany’s upcoming decision on whether to certify the controversial Russian-owned Nord Stream 2 pipeline is rapidly emerging as a key element in high-stakes diplomatic efforts to dissuade Moscow from invading Ukraine.
Delaying or cancelling the $11 billion project would have a significant impact on the Russian economy, depriving it of $3 billion US in annual revenue.
It also could serve to divide Ukraine’s allies as Russia continues to increase the pressure on the former Soviet bloc state.
Nord Stream 2 gives the new government of German Chancellor Olaf Scholz “some leverage” over Moscow, said Matthew Schmidt, an associate professor and national security expert at the
