... it as a threat to the stability of Europe.
It is certain that the creation of the pipeline, by stimulating competition, would allow a more reasonable price on the European gas market. Critics of the project fear a
dependence of European countries
on Russian gas. This argument can easily be questioned. Indeed, Nord Stream 2 in no way prevents other suppliers such as Algeria, Norway, the USA or the Netherlands from supplying gas to European countries to diversify their supply. The central issue is that of a lower price, which, as in all markets, worries suppliers.
Opposition to Nord Stream 2 is not motivated by market share concerns only,...
... would these sanctions really work and would Europeans abide by the U.S. restrictions?
Russian energy export pipelines have been a potential target for U.S. sanctions for... ... authorities have not yet implemented sec.235 against Russian pipeline projects, where Nord Stream 2 (NS2) is of paramount importance. One of the reasons could be a concern... ... benefit from the project. Russia has agreed to preserve a considerable part of its gas transit via Ukraine — this has been one of the key demands to support the project...
... Construction of the Pipeline, and Who Will Not
News about the construction of the Nord Stream 2 gas pipeline can be heard almost every day, like reports from the front lines. In reality, the project is one of the primary areas in Russia’s fight against the United States. Washington has been critical of major Russian... ... criticism, and a 2014 visit of U.S. senators to Bulgaria was soon followed by the refusal of the authorities in that country to go ahead with the Gazprom project to build...
