outbreak of the Ukrainian war, Nord Stream 2 may be suspended, and the supply of No. 1 may also be affected by the tense relations between Russia and the West. Market job function email list forecasts have caused international oil and gas prices to rise sharply. The construction of Nord Stream 1 and 2 was criticized by some people in the West, especially the United States, at the beginning, believing that this would increase Europe's energy dependence on Russia. In February 2022, the Russian-Ukrainian war broke out, and Germany suspended the already completed Nord Stream 2 project. Russia supplies 40% of the EU's natural gas and 27% of its imported oil. The EU pays Russia around 400 billion euros a year in return. After the outbreak of the Ukraine war, the United States called on
Western countries to impose comprehensive sanctions on Russia. In March 2022, the new energy policy REPowerEU announced by the EU announced that it decided to finally stop relying on or even use Russian oil and gas, and speed up the transition to green energy, but said that it must also invest in the construction of oil and gas pipelines from other countries and regions to the EU. Its stated goal is to cut Russian gas imports by two-thirds by 2022. Two floating terminals for LNG deliveries will be ready by the end of 2022, German officials said. These facilities could store natural gas from North America or the Middle East in the future. Beixi No. 1 and internal conflicts in
Western countries After the outbreak of the Ukrainian war, OPEC, an important international oil-producing group except Russia, refused to significantly increase production. International oil and gas prices continued to soar, and Western countries were faced with high inflationary pressures. Eastern European countries and Western public opinion accuse and criticize that the EU actually financed Russia's continuation of the war in Ukraine through the use of Russian energy. Although the United States calls on European countries to immediately discontinue the use of Russian oil and gas, the European Union, especially Germany and other Western European countries, still need supplies including Nord