New German Chancellor Friedrich Merz rejects reactivation of Nord Stream 2 pipeline

Friedrich Merz said that Nord Stream 2 will not be reactivated because it does not have the necessary license and there is no prospect of changing that. The pipeline, completed in 2021, was never operated after Germany abandoned the project following the Russian invasion of Ukraine. In addition, there is talk of possible plans to involve American investors, but any resumption of the project requires Berlin's approval, which is unlikely in the current context.