The German section of the Nord Stream 2 gas pipeline may be repurposed to connect to a floating LNG terminal in the Baltic Sea, the German Economics Ministry is studying such plans, the German weekly Der Spiegel reported.
According to the plans, the section of the pipeline laid on German territory could be nationalized and disconnected from the rest of the pipeline.
The pipeline leading from the shore to the sea could be connected to a floating LNG terminal. According to the newspaper, this issue was discussed by the officials of the Ministry of Economics at a meeting with representatives of Nord Stream 2. The advantage of this plan is that the pipeline is connected on the German coast to a first-class distribution network with compressor stations and pipelines that can transport natural gas directly to the south of the country.
According to Der Spiegel, it is not technically difficult to elevate and disconnect the pipeline, but experts say there could be problems for the environment. The pipeline is laid in a protected area, so any work to change it will automatically lead to the need for environmental expertise.
The Kremlin has not commented on the news of the possible nationalization of NSP-2.
According to the newspaper, citing sources in industrial circles, Berlin fears retaliatory measures by Russia, such as expropriation of German companies in Russia, Deutsche Welle reported.