Sergiy Makogon

After Nord Stream 2, time has come for Nord Stream 1 to go

Europe made a bold move by shutting down Nord Steam 2 on 22 February.  Now, Germany can and should scale back or terminate flows via Nord Stream 1, writes Sergiy Makogon.

No Nord Stream, no problem

With the Nord Stream 2 project, Gazprom’s goal to assert complete control over Europe’s gas supply is within reach because this geopolitically charged pipeline will destroy the existing transit ecosystem, writes Sergiy Makogon.

What if Nord Stream 2 is never completed?

It may sound counterintuitive, but the cancellation of Nord Stream 2 might be in Russia’s best interests: the shift from well-tested on-land infrastructure over to the risky undersea pipelines threatens Gazprom’s most valuable asset – the trust of its customers,...