Will Nordstream1 be switched back on?

in economy •  2 years ago 

Nordstream1, the gas pipeline from Russia to Germany that goes under the Baltic Sea, has been shut for ten days for annual maintenance.

It's due to re-open on 21st July, but the EU fears that Russia will find an excuse not to re-open it.

What's more likely is that Russia does re-open it, because it doesn't want to be accused of a blatant act of war, but then sends only a fraction of gas through the pipeline, with excuses about broken turbines etc as to why they can't send the full contractual amount.

The end result will be the same: those EU countries that depend on Russian gas are going to have a shortfall, and will have to start rationing.

When they write the history books on how the EU came to be so dependant on Russia, this picture will figure largely:


source

Two German chancellors (Schroeder & Merkel), Mark Rutte,Prime Minister of the Netherlands and Francois Fillion who was Prime Minister of France, were all present and all culpable.

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  ·  2 years ago  ·  

They look like a bunch of godfathers...

  ·  2 years ago  ·  

In hock to the Russian mafia...