In the world media, the debate about whether Germany will be able to abandon Nord Stream 2 without significant losses for itself and the EU is not abating. The main focus here is the reliability of fuel supply to European countries. The German newspaper Die Tageszeitung writes about this.
According to the FRG experts, the reliability of power supply is one of the main arguments in favor of continuing the construction of the SP-2. With the new pipeline, Europe will not depend on political difficulties in relations between Kiev and Moscow. For Russia, the pipeline is also important primarily from a geostrategic point of view, economic its feasibility is questioned by many - Europe's gas needs are at a relatively low level, and the use of a pipeline for transporting hydrogen until 2030 will require no more than 10 percent of the capacity of Nord Stream 2.
However, one should not dump the economic component of the SP-2 - in the future, due to the smaller supply of gas fuel in Europe, its cost will increase, and the Russian Federation will make a profit. Moreover, replacing Russian gas with LNG from the United States and other countries will cost the Europeans more.
It is also important that Russian gas cannot be obtained anywhere in Europe. Gas fields feeding Ukrainian transit are drying up, as is technological pipe resource - for these reasons, the supply of "blue fuel" through Ukraine will eventually have to be abandoned. Through SP-1 and SP-2, gas is supplied to Europe from new fields in Yamal. In addition, the Baltic gas pipelines have a shorter transport route
- said Vitaly Ermakov, an analyst at the Oxford Institute for Energy Research.