2022-07-11 Europe
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Germany Shuts Nord Stream for Repair, and Europe Holds its Breath-Peter Zeihan
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Germany shut down the Nord Stream 1 Pipeline today for a pre-scheduled 10-day maintenance period. Whether or not Russian natural gas will resume westward flows to Germany after repairs are made is anybody's guess.
The 55 bcm/yr pipeline is a key component of the energy détente forged between Germany--the economic and manufacturing heart of Europe--and post-Cold War Russia. It has also inculcated a German dependency on Russian gas that has shaped German economic and security policy (and, by extension, Europe's) since the project first entered the planning phase over 20 years ago.
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Posted by DarthVader 2022-07-11 10:54||
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Posted by Aca Joe 2022-07-11 16:11||
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Posted by Jeremiah Glusoper2328 2022-07-11 16:37||
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Posted by SteveS 2022-07-11 17:33||
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Posted by Procopius2k 2022-07-11 19:09||
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