The great troublemaker: Nord Stream 2 in Russia's foreign energy policy

The main aim of the paper is to analyze the Nord Stream 2 project from the perspective of Russia’s foreign energy policy and strategic goals and interests of all stakeholders (the state, Gazprom and other Russian entities). While it is unclear whether the investment will bring economic benefits to Russia or to Gazprom alone, it is known that Moscow will derive a specific political dividend from it. By building a controversial gas pipeline, it has contributed to deepening divisions in the European Union and weakening the coherence of actions for a common energy policy. The Nord Stream 2 project is also presented as a case study describing different European approaches towards energy cooperation with Russia. Neoclassical realism has been adopted as the theoretical framework for the analysis. The paper includes basic facts regarding the history of the project and the key data concerning the pipeline.