Title of article
Nord Stream 2 and the Strategic Balance of Power
Author/Authors
Akbari, Abed Faculty Member of European Studies - Tehran Abrar Institute International Studies and Research, Tehran , Moghri Moazen, Tahere Kharazmi University, Tehran
Pages
11
From page
1
To page
11
Abstract
The pipeline project, Nord Stream 2 (NS2), has been an issue of controversies. Russia and Germany consider the project an economic contract, but the United-States and Eastern European countries have concerns about its geopolitical effects. These disputes have created a divide in Europe and have posed a threat to trans-Atlantic relations. The current research suggests NS2 can influence the strategic balance between great powers in the international system, giving energy leverage to Russia against United-States, and consequently to China by strengthening projects like the Belt and Road Initiative (BRI). Our findings put forward that not only NS2, in case of realization, is a source of American decline, but also the debates on the issue are a sign of American struggling for protecting its precarious international position. By placing Europe in front of the United-States, NS2 could be one component of European strategic autonomy (ESA); meanwhile, it may jeopardize ESA by depending on Europe on Russia. Europe’s solution to gain ESA is to use its leverages such as normative one to manage the situation for outcomes like protecting Europe’s unity and economic interests.
Keywords
Energy , Nord Stream 2 (NS2) , American decline , European autonomy , Strategic balance of power
Journal title
Petroleum Business Review (PBR)
Serial Year
2020
Record number
2555186
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