Nord Stream 2: Understanding the potential consequences

In a newly released report, Nord Stream 2: Understanding the potential consequences, Global Energy Center Senior Fellow Alan Riley highlights the risks that could stem from the construction of the contentious proposed Nord Stream 2 pipeline project, which would bring gas from Russia to Germany. In the report, Dr. Riley emphasizes that the proposed pipeline would have negative implications for European energy security, including undermining transit security, reducing route diversity, creating a “Straits of Hormuz” risk for Europe, and undermining the single market.

 

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Image: Workers are seen through a pipe at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5, 2019. REUTERS/Anton Vaganov