Nord Stream-2 vs Ukraine transit: Costs should decide


Blocking Nord Stream 2 for the sake of preserving Ukraine’s transit business would not be a viable long-term solution

There has been much discussion about how Russia – Europe’s biggest gas supplier – can best continue to supply gas to Europe over the coming decades. Gazprom and five of its European partners have decided that building two additional pipelines through the Baltic Sea (Nord Stream 2) is the best commercial solution to secure future gas supplies for the EU, where gas production continues to decline and demand is expected to grow. Ukraine and its supporters may disagree – it comes down to the economi...

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