Ukraine and Poland Will Oppose the Launch of Nord Stream 2

Reading Time: < 1 minute

The United States and Germany issued a joint declaration in which the two countries agreed to complete Nord Stream 2 and voiced several initiatives to support Ukraine and counter Russian attempts to use energy as a weapon. They promised an extension of the agreement with Russia on gas transit through Ukraine for up to ten years, the creation of a Green Fund to promote the energy transition and energy security, the promotion of bilateral energy projects with Ukraine.

Ukraine and Poland responded to the declaration with a joint statement, stating that they would work with their allies and partners to counter the launch of Nord Stream 2 until solutions were developed to address the security crisis over the pipeline.

Nord Stream 2 is the second branch of the Nord Stream project, which aims to supply Russian gas to the EU bypassing Ukraine and the eastern EU member states. It is 95 per cent ready and can be completed already in 2021. The first branch (Nord Stream 1) has been operating since 2011-2012. The second branch may allow Gazprom to supply Russian gas to the EU without using the Ukrainian gas transportation system. Currently, transit is a serious deterrent to Russian aggression and its cessation will reduce Ukraine’s GDP by 3bpercent.

CET Editor

Recent Posts

Hungary, Slovakia resist EU’s energy, budget reforms amid growing east-west schism

Hungary and Slovakia have emerged as the most vocal opponents of two of the EU’s…

9 months ago

Hungary proposes law to blacklist foreign-funded NGOs, media

Hungarian Prime Minister Viktor Orban's ruling Fidesz party submitted on Tuesday, 13 May a bill…

9 months ago

Centrist takes first round of Poland’s presidential election, to face nationalist in runoff vote

Centrist Warsaw Mayor Rafal Trzaskowski narrowly won in the first round of Poland’s presidential election,…

9 months ago

Dan wins Romanian presidency, calming EU fears over ultranationalist Simion

Independent pro-EU candidate Nicusor Dan won Romania’s presidential election on Sunday, 18 May, defeating far-right…

9 months ago

China’s BYD makes Budapest regional HQ

Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian…

9 months ago

Regardless of election result, Simion’s appeal to ‘left behind’ has reshaped Romanian politics – CET analysis

First they laughed off George Simion as a fringe agitator. Now, with a commanding first-round…

9 months ago