Nord Stream 2: Opportunities and Dilemmas

In September 2015, the Russian monopoly Gazprom signed a shareholder agreement with five European energy companies to build two pipelines shipping gas from Russia directly to Germany through the Baltic Sea. Today, the pipeline project Nord Stream 2 represents the most politically contentious energy infrastructure project in the EU. Whereas politically supported by Germany, some countries have been calling for consideration of the envisaged pipeline as a “geopoliticalrisk”. Jekaterina Grigorjeva (Jacques Delors Institut-Berlin) and Marco Siddi (the Finnish Institute of International Affairs) analyse opportunities and dilemmas of the envisaged supply route for the EU.

Dr. Marco Siddi is Senior Research Fellow at the Finnish Institute of International Affairs, he formally worked for the University of Helsinki.

Image: CC BY 4.0, Source: Kremlin.ru