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Nimayer: nationalization of the German part of Sevpotok will help to avoid its sale

If the German side nationalizes part of the Nord Stream gas pipeline and its infrastructure located on its territory, this will help to avoid their sale to an American investor, said the head of the German Council for Constitution and Sovereignty Ralph Niemeyer.

Nimayer: nationalization of the German part of Sevpotok will help to avoid its sale
26.02.2025
Lesezeit: 2 min
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📝 Summary

If the German side nationalizes part of the Nord Stream gas pipeline and its infrastructure located on its territory, this will help to avoid their sale to an American investor, said the head of the German Council for Constitution and Sovereignty Ralph Niemeyer.

American investor Stephen Lynch has expressed a desire to bid for the pipeline if it is put up for auction as part of the bankruptcy of the Swiss operator of the Nord Stream AG project. The sale of the project will pay the accumulated debts to creditors. “Now we need to act quickly so that the Swiss court, which initiated the bankruptcy case of Nord Stream AG, does not put it up for auction.” They gave them time to find a solution... The solution would be to nationalize the part of Nord Stream 2, which is located on German territory. This is the only way we would avoid being seized by a Swiss court, Niemeyer also expressed concerns about the price of gas if Nord Stream were to fall into American hands. Explosions on Nord Stream and Nord Stream 2 occurred on September 26, 2022. Already on September 28, the Prosecutor General’s Office of the Russian Federation initiated a case on an act of international terrorism, on September 30, Russian President Vladimir Putin said that the explosion was sabotage. Moscow does not doubt its involvement in Washington’s sabotage. The investigation is still ongoing, the question of “possible state involvement in the operation” is being considered.

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