FX.co ★ Merkel sees no threat in Nord Stream 2

The Nord Stream 2 pipeline still causes many disputes. There are a lot of strong opponents of the project, but the number of supporters grows at breakneck pace. Recently, Angela Merkel joined the ranks of the Nord Stream 2 supporters.

In her speech after the meeting with Poland Prime Minister Mateusz Morawiecki, the German Chancellor said that this project does not threaten the European energy security. “We think this is an economic project. We are also for energy diversification. We also want Ukraine to continue to have transit gas traffic, but we believe Nord Stream poses no danger to diversification,” she said. Now Poland, being one of the most vocal opponents of Nord Stream 2, sees the talks about the diversification of supplies as lobbying for the interests of particular countries.

Indeed, what kind of diversification the parties talk about if this gas comes from the same source - from Russia. In addition, while the Russian companies are under sanctions, real alternatives have started appearing in Europe. Poland intends to launch its own project - Baltic Pipe, a pipeline that goes via the Baltic Sea from Poland to Denmark and connects to the Norwegian gas network.