“Nord Stream 2” Project: Problems in US Policy Towards Europe

12:00 10/05/2021

In early March 2021, the US State Department issued its Interim National Security Strategy Guidelines to express US President Joe Biden's vision for how the US will engage the world and provide guidance for the actions of US ministries, branches and agencies. According to these Guidelines, the US foreign policy will give the highest priority to the Asia-Pacific area, following by Europe, and other regions. The "Nord Stream 2" project is among four core components of the US foreign policy towards Europe.

“Nord Stream 2” and European’s perspectives 

The "Nord Stream 2" project is an offshore natural gas pipeline that runs from Vyborg, (Russia) to Greifswald (Germany), goes along the bottom of the Baltic Sea, and includes lines of terrestrial gas supply pipeline in Russia and beyond, linking the system to Western Europe. Nord Stream AG, a joint venture among Gazprom Oil and Gas Group (Russia), BASF Multinational Chemical Corporation (Germany), EON Group, and N.V. Nederlandse Gasunie Group (Germany, Netherlands) will install and operate the pipeline system at sea. Other big energy businesses involved in the project are Uniper, Wintershall (Germany), OMV (Austria), Shell (UK, Netherlands), and Engie (France) (France). The project, which has a value of over 9.5 billion euros and a transportation capacity of 55 billion m3/year, is in its final stage in German territory. Germany issued a complete set of permits for its construction on March 26th 2018.

Details: Here.

Assoc, PhD. Nguyen Anh Tuan, Deputy Director General of Institute for Foreign Policy and Strategy Studies, Diplomatic Academy of Vietnam, and former Vietnamese Ambassador to Ukraine and Moldova.

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