Abstract:
The Nord Stream 2 project aims to double the capacity Russia currently possesses for delivering natural gas directly to Germany through the Baltic Sea. This paper provides an overview of the current developments surrounding the project and of opposition to the pipeline by the European Commission and a growing number of EU member states. It goes on to analyse the risks involved in the new gas infrastructure and argues that Nord Stream 2 would be detrimental to the energy security of a number of Central and Eastern European member states and of Ukraine.
The paper contends that while the pipeline offers uncertain economic gains, it would dangerously weaken the EU’s strategic goals in Eastern Europe, disrupt the European Energy Security Strategy and damage member state unity. Ultimately, the new German government should recognise this and take the necessary measures to stop Nord Stream 2.