jjoffe5_Stefan Sauerpicture alliance via Getty Images_nord stream 2 Stefan Sauer/picture alliance via Getty Images

Germany’s Empty Pipeline Logic

Although the Nord Stream 2 gas pipeline is only 100 miles from completion, the transformation of world energy markets since construction began implies that the project no longer makes economic sense. So why is German Chancellor Angela Merkel determined to see it through to the end?

HAMBURG – Nord Stream 2, the almost-finished pipeline running directly from Russia to Germany, is not really about securing cheap natural gas. It is about personal gain and these two countries’ national interest.

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