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At the same time, alarm bells rang in Europe that it will need more gas sooner rather than later.
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In 2017, EU-Russia gas trade reached a record level of 160 billion cubic metres (bcm). “Isn’t Europe in need of cheap, clean natural gas, which Russia happens to have in abundance?” The reality, however, is much more nuanced. These can be summed up in six questions meant altogether to create an image of a project not only perfectly aligned with EU priorities and regulations but also indispensable to the future of Europe’s gas supply. Nothing could be further from the truth, despite NS2 advocates rolling out a number of arguments to prove their case. administrations, have politicised the project. Promoters of the Nord Stream pipeline extension argue that it is an entirely business-motivated enterprise and that its opponents, including the Baltic states, Central European members of the EU, the European Commission, and consecutive U.S. Nord Stream 2: The Continuation of Politics through Business?
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However, the task of resolving the issues these questions raise will belong to the supporters of NS2. Apart from creating a record of the known issues, this paper will identify new ones that have not been addressed and yet are crucially important. In fact, the opposite may be true, as new, unanswered questions are being raised. The case for revisiting the arguments in the NS2 debate seems all the more compelling given that the completion of the project may not be a foregone conclusion, contrary to what the pipeline’s proponents and advocates claim. Still, the anticipated and much-hyped beginning of the construction phase of the pipeline and the mounting pressure on Gazprom to get it operational shed new light on old problems.
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It may seem that Nord Stream 2 (NS2)-the two additional strings of the direct gas pipeline between Germany and Russia-has already received sufficient coverage, both from expert and media circles.
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