The EU Commission has offered to negotiate with Russia on behalf of its members about the construction of the Nord Stream 2 gas pipeline, according to Danish newspaper Politiken.
Nord Stream 2 is a Russian-owned gas pipeline to be constructed through the Baltic Sea and thus requires approval from Denmark, a decision with strong geopolitical and security implications.
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European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.