The gas pipeline Nord Stream II should double the existing natural gas transport capacity from Russia to Germany via the Baltic Sea. Juraj Mesík explains why the Kremlin will be the biggest winner of this project.
Nord Stream II, a project which aims to double existing natural gas transport capacity from Russia to Germany via the Baltic Sea from its current annual capacity of 55 billion cubic metres (bcm) to 110 bcm, is being presented to the German and EU public as a private business venture by six major companies: Germany’s Uniper and BASF/Wintershall, UK-Dutch company Royal Dutch Shell, Austria’s OMV …read more
Source: Heinrich Boell Foundation
