Who is afraid of Nord Stream 2?
Expert(s): Severin Fischer
Journal Title: energypost
Publication Year: 2016
Nord Stream 2, the new gas pipeline that Gazprom is planning to build from Russia through the Baltic Sea to Germany, has been criticised for reducing Europe’s diversification of energy sources and energy security. But according to Energy Post’s editor in chief Karel Beckman, the EU should welcome the pipeline, despite deteriorating relations with Russia. According to Beckman, Nord Stream 2 has a sound economic rationale behind it and the EU’s successful creation of a competitive, integrated gas market has made the geopolitical argument largely redundant.