Gazprom is pushing ahead with plans to build a second gas pipeline under the Baltic sea, straight form Russia to Germany. Supporters claim that Ukraine cannot be relied on as a transit partner, and that Europe will need more gas in the future. Georg Zachmann is unconvinced, and argues that the project should wait.
Gazprom wants to build a second gas pipeline under the Baltic straight from Russia to Germany. Nord Stream 2, as the project is called, has provoked controversy in Europe – but the pipeline is planned to be in use as soon as 2019. Supporters of Nord Stream 2 make two bold claims: Ukraine is apparently an untrustworthy partner for gas transit, and Europe supposedly needs more Russian gas. Both arguments are questionable, and there are good reasons to put the project on ice.