One of the major reasons for this hikes was lack of viable substitutes to gas, low storage levels because of a severe winter.Due to this price hikes many industries and food supply chains are under immense stress. European gas prices have broken all the previous records this time, prices are reaching near to an unprecedented $1,000 per thousand cubic meters.According to Russian officials, NS2 can transport 55 billion cubic meters of gas each year, cover the needs of about 26 million households, and restock storage inventories. Energy needs has always been prevalent in european politics.Due to that Ukraine is apparently not happy with this project. Ukraine has time and again blamed Russia for adopting expansionary policy in Ukraine. Sore reactions between russia and Ukraine are very well known, Crimea is the cause of conflict between both the nation.Ukrain's Concerns and European geo-politics Also, the pipeline provides stability to the strategically important energy trade because Russia’s dependence on the European Union and vice-versa are increased and this should promote realism.This is fulfill the energy demand of many european nations. It is a 1,224 km underwater link, which is the shortest, most economical and environment-friendly route to double Russia’s gas export to Germany. This ambitious project was started in the year 2016.This shows that, european nations are not taking into account their internal issues in the matters of developmental projects. But despite all these things the project is now almost complete. There were tensions between Germany and Russia. Nord stream 2 project has also faced many hurdles.Currently this project is in a dormant condition due to sore relations between India pakistan and politically fragile condition of Afghanistan.
Turkmenistan, Afghanistan, Pakistan and India are part of this project. TAPI gas pipeline is on the lines with Nord Stream 2 project. India is also part of similar projects.This Project is approximately 1200 km pipeline project connecting Russia to Germany via Baltic Sea. Nord Stream 2 is a very ambitious energy project of Europe.#GS2#INTERNATIONAL RELATIONS#EUROPE#NORD STREAM2