The dispute over Nord Stream 2: the stances and the outlook
The dispute over Nord Stream 2: the stances and the outlook
Author(s): Ryszarda Formuszewicz, Szymon Kardaś, Agata Loskot-Strachota
Subject(s): Energy and Environmental Studies, Environmental and Energy policy, Government/Political systems, International relations/trade, Political behavior, EU-Accession / EU-DEvelopment
Published by: OSW Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Nord Stream 2; gas pipeline; Baltic Sea; Russia; Germany; USA; EU;
Summary/Abstract: Russian ships resumed laying the Nord Stream 2 (NS2) gas pipeline on the Baltic Sea bed in February this year. Russia’s goal is to complete the project and put it into operation as soon as possible. This coincided with media reports that representatives of Germany and the new US administration had been searching for compromise arrangements to determine the conditions for construction to be completed and operation to commence. These would include options for a moratorium on launching it but, above all, the creation of guarantees to maintain the limited transit of Russian gas through Ukraine or a ‘snap back’ mechanism enabling shutting off/limiting flows via NS2 in the event of problems with supplies or transit through Ukrainian territory. Berlin hopes to agree on the terms on which the US will tolerate the gas pipeline, or will at least play for time so that construction can be completed while the talks are underway and the certification necessary for its launch can be obtained. It is unclear what actions the Joe Biden administration will take regarding this issue. On the one hand, it has criticized the project but on the other, it has not imposed any sanctions that could stop its implementation as yet (19 March 2021) and it is striving to improve relations with Germany.
Series: OSW Commentary
- Page Count: 8
- Publication Year: 2021
- Language: English
- Content File-PDF