Russian and German energy firms started the Nord Stream natural gas pipeline project from their home authorities with powerful political support but encountered opposition from various other states. The project was not only a bilateral issue although the pipeline would connect Russia with Germany directly. First, a demand to secure construction permits in multiple jurisdictions across the Baltic Sea involved other states. And second, Germany's membership in the European Union entailed compliance with goals and values of the whole union, which stressed the imperative of collective action in energy matters and dangers of succumbing to "national reflexes." The success of Nord Stream depended on the skill of its originators to ensure that latter view prevailed over the former, as the instance chronicles.
PUBLICATION DATE: November 04, 2010 PRODUCT #: 711026-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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