The Business Times
SUBSCRIBERS

EU stalls Russian gas pipeline, but probably won't stop it

Baltic plan exacerbates EU divisions over Russia; critics fear Nord Stream 2 will increase Gazprom's dominance

Published Sun, Mar 26, 2017 · 09:50 PM
Share this article.

Brussels

RUSSIA has the European Union (EU) in a bind.

The bloc is divided between eastern European and Baltic Sea countries that see a new pipeline carrying Russian gas across the Baltic making the EU a hostage to Moscow - and those in northern Europe, most especially the main beneficiary Germany, for whom the economic benefits take priority.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here