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North European Gas Pipeline (Nord Stream) Foreign Policy Implications of the German-Russian Project.

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Presentation on theme: "North European Gas Pipeline (Nord Stream) Foreign Policy Implications of the German-Russian Project."— Presentation transcript:

1 North European Gas Pipeline (Nord Stream) Foreign Policy Implications of the German-Russian Project

2 The proposed pipeline would bypass several EU member states and has prompted political controversy

3 Justification for the Project Increasing demand for natural gas Fears of supply disruptions with land pipelines Specific advantages for German energy firms

4 Pipeline Consortium 51%24.5 % German owned companies

5 Core Concerns Polish and Baltic state opposition Dependence on Russian gas supply (recent Ukraine and Georgia shutdowns) Environmental concerns / Relations with Nordic states

6 Implications for Germany Direct supply of future natural gas amid rising demand Creates jobs within Germany German-Russian relations would falter should project be cancelled

7 Recommendations Continue construction and support of proposed pipeline Promote Liquid Natural Gas as alternative Pursue other supply sources (Northern Africa, Central Asia) Sign specific deals with countries opposed


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