What Does The Nord Stream Mean To The Baltic Sea Region?
What Does The Nord Stream Mean To The Baltic Sea Region?

Summary/Abstract: The Nord Stream, previously known as the North European Gas Pipeline, which later changed its name , received great attention when it was announced at a trade fair in Germany on 11 April 2005 that Russia and Germany had signed an agreement on constructing the pipeline. The official aim of the project is to bring Russian gas to the European consumer markets, especially Germany. While the environmental and energy political concerns of the Nord Stream project are widely debated, this article aims to shed some light on the security political concerns of the project. The main objective is to analyse and discuss some of the key points that have been debated during 2006–2007 in order to tackle some common misinterpretations of the project. The point of departure is two-fold. Firstly, Russia is moving away from democracy, market economy and the rule of law and, secondly, the institutional stability and predictability of Russia is low today. It is against this development the Nord Stream project has to be seen.

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