Germany and Russia Intensify Gas Cooperation Despite Political Tension
... was initiated, namely the Nord Stream-2 natural gas pipeline between Germany and Russia under the Baltic Sea. Five companies: Gazprom, BASF, E.ON, ENGIE, OMV, and Shell signed a special agreement on the creation of a new pipeline with 55 bcm of natural gas capacity per year. The wide consortium aims at satisfying all EU requirements, ecological standards and energy directives,... ... needed, as both countries realize that their cooperation forms the backbone of Europe’s energy security. Reinforcing the energy relations between the two countries adds to the strengthening of the existing interdependence and will prevent future gas crises, transit halts, politicization, and securitization attempts. The dissolution ...