| Popis: |
The European Commission has proposed an amendment on the Gas Directive 2009/73/EC to broaden the applicability of the Directive to all gas pipelines from/to the EU including Nord Stream 2. This research focuses on the question of whether the amendment can really boost EU’s natural gas security, by hindering Nord Stream 2. Thematic analysis has been employed as the methodology for analyzing collected data from primary and secondary sources, and relying on a legal and political analysis. The research findings show that although the amendment hinders Nord Stream 2, it also affects the operation of the existing interconnectors adversely. It also declines investors’ tendency for planned pipelines, which lowers EU’s energy security. Moreover, empowerment of the Commission in the proposed amendment curtails Member States’ plans to enhance their energy security. In addition, the security analysis of the research shows that Moscow’s ability to take advantage of its “energy weapon” is being defied because of dependence on European technology and finance, particularly under the sanction condition. Therefore, restraining Russian gas in the European market will not result in a higher level of energy security since reliable and affordable alternatives are not so available. Hence, all four elements of energy security—that is, affordability, availability, accessibility, and acceptability—are jeopardized by the proposed amendment. The current study concludes that although the amendment is expected to boost the energy security of the Union, it may now turn into a threat per se. |
