Germany suffers dire consequences if it cuts off Russian gas
Job Russia stops supplying gas could force German companies to close.
According to Siegfried Russwurm, President of the largest industry association of Virtue BDI, stopping Russian gas would have catastrophic effects on Europe’s largest economy.
“The consequences of cutting off Russian gas supplies will be dire,” he told Bild am Sonntag newspaper over the weekend.
Russwurm added that cutting off Russian gas would deprive businesses of fuel in Germany, forcing businesses to close production lines.
“In this situation many companies will be completely cut off gas supplies. In many cases, affected businesses will be forced to stop production, some businesses may never be able to start again,” he warned.
Faith believes that Russia may stop supplying gas due to sanctions imposed on Russia and Germany’s supply of weapons to Ukraine. Earlier last week, German Deputy Chancellor and Economy Minister Robert Habeck said that Berlin is not yet ready for a complete embargo on Russian gas.
On May 11, Russia imposed sanctions on Gazprom’s European subsidiaries including Gazprom Germania, an energy trading, storage and transmission business that Germany took over last month to ensure supplies. grant. The sanctions list also includes Gazprom Schweiz AG, Gazprom Marketing & Trading USA, Vemex, Wingas and EuRoPol GAZ.
Before, Ukraine blocked the flow of Russian gas to Europe through its territory. Russian gas was previously transported continuously through pipelines across Ukraine despite tensions between the two countries.
at Blogtuan.info – Source: laodong.vn – Read the original article here