As high-level talks between the United States and Russia about a potential peace agreement for Ukraine dominate international headlines, new concerns emerge over parallel discussions about reviving the Nord Stream 2 gas pipeline. In a new research release, “Revenues from Restarting Russian Gas Pipelines to Europe“, we warn that any move to restart Russian gas imports to Europe would inject billions of euros into the Kremlin’s war machine — prolonging Russia’s brutal war against Ukraine and directly undermining European energy security.
Recent developments underscore the urgency of this warning:
- U.S. officials and Nord Stream 2 stakeholders have reportedly explored the possibility of reopening the pipeline, with American investors signalling renewed interest.
- Calls for the resumption of Russian gas flows have resurfaced in Germany, driven by industry associations, local authorities, and trade unions.
This report outlines the geopolitical, financial, and moral risks of re-engaging with Russian fossil fuel infrastructure. It makes the case for a just and lasting peace that prioritises energy independence and the security of democratic nations. The release further shows that what is needed now is more political courage to do the right thing and end the purchase of Russian fossil fuels.
