On Thursday October 21st, the Jason Institute will host the free event Geopolitics of Energy: Nord Stream 2 at the Leiden University Campus in The Hague. HCSS analyst Irina Patrahau will join the event as a guest speaker.
Nord Stream 2 is a $12 billion gas pipeline project bringing Russian gas under the Baltic Sea to Germany. Russia is already responsible for 40% of the EU’s total gas supply, and this new project is supposed to increase that amount by 55 billion cubic meters per year. The pipeline took five years to build and as of September 2021 it has been completed, stretching a total of 1.2000 kilometres. Nord Stream 2 will accompany an already existing pipeline, Nord Stream 1, and double the gas transit from Russia to Western Europe. Unfortunately, some geopolitical implications come with the completion and use of Nord Stream 2. It Increases the EU’s dependence on Russia and Russian gas, perhaps even to dangerous levels as Russia has the ability to interfere with the energy provision of member states. This growing dependence on Russia could weaken the geopolitical position of the European Union.
Further information abut the event and ticket sales can be found here.
