View towards Nord Stream 1 Baltic Sea pipeline and the transfer station of the Baltic Sea Pipeline Link in the industrial area of Lubmin, Germany, Aug 30, 2022. (Photo: REUTERS/Lisi Niesner)
Bloomberg: German Anger Spills Over as Countries Balk at Gas-Sharing Deals
(Bloomberg) -- Hope is dimming in Germany that it will be able clinch more gas solidarity agreements with European Union partners beyond the ones already in place with Denmark and Austria, a potential further hindrance to Berlin’s ability to mitigate the effects of the energy crisis.
Germany’s neighbors Belgium, Luxembourg, the Netherlands and Poland refuse to engage in “constructive negotiations” about such bilateral deals, German Economy Minister Robert Habeck said in a report to lawmakers seen by Bloomberg.
That could exacerbate the gas crunch in Germany “because a substantial building bloc of the EU’s gas crisis resilience in the form of bilateral agreements would not be available,” Habeck said in the paper, which he presented to the Bundestag’s energy and climate committee late Wednesday in Berlin.
Read more ....
Update #1: Germany's neighbours reluctant to sign gas sharing pacts - newspaper (Reuters)
Update #2: Europe Fails To Agree On Russian Gas-Price-Caps Faced With "Hard-Core Physical Reality" (Zero Hedge)
WNU Editor: The Germans are screwed. And here comes the first of many requests for a bailout from Europe's energy utilities .... German gas importer VNG seeks help from government (AP).
No comments:
Post a Comment