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Nord Stream 2: high stakes for underwater pipeline lawsuit

That the Nord Stream 2 natural gas pipeline project, which is backed by both the Russian and German governments, is now suing the European Union over what it describes as “discriminatory” rules speaks to the serious issues underlying the project and the risks it poses to European energy independence and security. To its proponents in both Moscow and Berlin, the Nord Stream 2 project is a straightforward way to meet the pressing energy needs of Europe’s largest economy. To Nord Stream 2’s many opponents across the rest of Europe, however, the political and economic leverage Vladimir Putin will gain over the European Union far exceeds the proceeds he can expect from shipping gas via the pipeline.

Continue reading the article on the European views news website.