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Nord Stream 2: a political and economic contextualisation
Nord Stream 2: Versuch einer politischen und wirtschaftlichen Einordnung
[working paper]
Corporate Editor
Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract This study explores the commercial, economic, regulatory and political implications of the Nord Stream 2 project. The plans to add another two pipelines to the Nord Stream facility under the Baltic Sea have created waves within the European Union. Whether it fails or succeeds, the project’s politica... view more
This study explores the commercial, economic, regulatory and political implications of the Nord Stream 2 project. The plans to add another two pipelines to the Nord Stream facility under the Baltic Sea have created waves within the European Union. Whether it fails or succeeds, the project’s political costs will be high, as it touches on sensitive interests in many quarters. Nord Stream is a commercial venture, but its impacts transcend its commercial and energy ramifications, and differ widely among EU states. Without a question, the project represents a challenge for energy diplomacy both internal and external. Its potentially divisive effects on European energy policy and the Energy Union need to be cushioned and contained. (author's abstract)... view less
Keywords
EU; Russia; economic relations; energy industry; commodity policy; raw materials; supply; natural gas; energy policy
Classification
Special areas of Departmental Policy
Free Keywords
Nord Stream Pipeline; Gazprom
Document language
English
Publication Year
2017
City
Berlin
Page/Pages
39 p.
Series
SWP Research Paper, 3/2017
ISSN
1863-1053
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications