Cancelling or even freezing the 94% complete pipeline would expose the German government to billions of dollars of claims from the 100 German companies

Thursday, September 17, 2020
Cancelling or even freezing the 94% complete pipeline would expose the German government to billions of dollars of claims from the 100 German companies

Cancelling or even freezing the 94% complete pipeline would expose the German government to billions of dollars of claims from the 100 German companies that have worked on it. Germany will not need the pipeline until 2030 when the Netherlands, source of 30% of Germany’s gas imports, plans to end production. For German industry and consumers, Nord Stream 2 gas is expected to be cheaper than gas sent across Ukraine.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Building an effective anti-corruption system in Ukraine “is the key to structural reforms and the transition to stronger and more equitable growth, a precondition for the current IMF support program,”

Building an effective anti-corruption system in Ukraine “is the key to structural reforms and the transition to stronger and more equitable growth, a precondition for the current IMF support program,”

Next post
Demonstrating the financial world’s hunger for yield, Metinvest’s Eurobond placement was almost five times oversubscribed,

Demonstrating the financial world’s hunger for yield, Metinvest’s Eurobond placement was almost five times oversubscribed,

Previous Main Topics