6.5 C
New York
Friday, October 22, 2021

Analyst predicts Industrial Ruins in Europe if Nord Stream 2 is suspended

Must Read

A new treatment for people who live with disease porphyria

Gene silencing, a novel type of treatment for acute intermittent porphyria, is going to be used on...

Only very old and sick die of COVID if vaccinated, study finds

A study published on Wednesday in Italy found that people who have been vaccinated against COVID-19 are...

A newly-found mutation may make virus even more contagious and weaken Covid-19 vaccines further – scientists

A newly-found mutation of the Covid delta strain is being studied in the United Kingdom amid concerns...
Aakash Molpariya
Aakash started in Nov 2018 as a writer at Revyuh.com. Since joining, as writer, he is mainly responsible for Software, Science, programming, system administration and the Technology ecosystem, but due to his versatility he is used for everything possible. He writes about topics ranging from AI to hardware to games, stands in front of and behind the camera, creates creative product images and much more. He is a trained IT systems engineer and has studied computer science. By the way, he is enthusiastic about his own small projects in game development, hardware-handicraft, digital art, gaming and music. Email: aakash (at) revyuh (dot) com

The Nord Stream 2 pipeline is nearing completion, while many say it should be suspended. However, the German newspaper Der Spiegel warns that it would be a mistake. If Nord Stream 2 is not supposed to be finished, “we would have to face industrial ruin,” writes columnist Franziska Augstein.

According to the author, Germany could dispense with Nord Stream 2, “but then citizens would pay more money for gas”, for example, for the expensive fracking gas that the United States extracts.

This type of extraction destroys entire areas of land. In addition, the US put pressure on companies that participated or wanted to participate in the construction of Nord Stream 2: they threatened or imposed sanctions, also with the purpose of selling US gas.

“As moral and economic reasons are intertwined in the debate on Nord Stream 2, the question is not whether Nord Stream 2 should be completed, but whether the interests of different countries should be taken into account,” says Franziska Augstein.

In particular, the current Polish government “is based on nationalism.” 

The country seeks independence from Russian gas. From Poland’s point of view, it is preferable to buy gas from Norway and the United States, despite its higher price.

As for Ukraine, the columnist notes that “anyone who claims that Nord Stream 2 should not be built because Ukraine would be at the mercy of Russia is wrong.” 

“If Nord Stream 2 goes online, Ukraine will lose transit fees, but this can be offset at the expense of the EU. Under the Soviet Union, gigantic gas storage facilities were built in Ukraine, larger than any other in Europe. These tanks are necessary because there are always times, like in summer, when less gas is used than usual,” observes Der Spiegel.

According to the author, Germany is in a special position. 40% of the Russian gas that reaches the EU is used in Germany. Germany also gets 20-30% of its gas from Norway. But if Poland buys gas from Norway, the German quota would be drastically reduced.

The project should also be completed from a geopolitical point of view.

“If the West is in any way interested in Russia not going completely economically to China and for human rights to be respected there, Nord Stream 2 must be completed,” says the journalist.

According to Augstein, the less the interests of Russia and the EU overlap, the less the European influence will be.

“If the Nord Stream 2 is not supposed to be finished, it would have to do with an industrial ruin that would not even be suitable for a museum because all the pipes are laid underground,” he warns. 

As the United States continues to shape public opinion and is the guarantor of security in the Western world, the author quotes Nikos Tsafos, an analyst at the US Center for Strategic and International Studies: “It often feels—in Washington, in Berlin, in Brussels—that sanctions merely disguise the absence of a U.S. strategy toward Moscow. If Nord Stream 2 could be placed in a broader strategic context, the case for sanctions might become clearer.”

- Advertisement -
- Advertisement -

Latest News

- Advertisement -

More Articles Like This

- Advertisement -