Download or read book European Energy Security and Nord Stream written by Ulf Balzer and published by . This book was released on 2011 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis focuses on the interpretation and implementation of energy security in the European context concerning the Nord Stream pipeline. Nord Stream has been, and still is, highly debated across Europe because of its enormous opportunities for Europe - it will give Europe access to the largest known reserves of gas worldwide and because of the risks involved. Nord Stream provides Russia with an option to gain an advantageous position over Europe concerning energy policies, thus raising the fears of Nord Stream's critics that Russia might use this leverage to promote its own position in political areas other than energy. It is, therefore, essential to analyze the opportunities and risks associated with Nord Stream for Europe, and to give thought for future mechanisms of European energy security that will assist in maximizing opportunities and minimizing risks.