German dependence on China growing ‘at tremendous pace’, research

BERLIN, Aug 19 (Reuters) – The German economy became more dependent on China in the first half of 2022, with direct investment and its trade deficit reaching new heights, despite political pressure on Berlin to pivot away from Beijing, according to research seen by Reuters. At the same time, growth in German exports to China […]

German dependence on China growing ‘at tremendous pace’, research

Courtesy of CDE News.

Advertisement

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

FRANKFURT/BERLIN, Aug 19 (Reuters) – Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom GAZP.MM said on Friday, piling pressure on the region as it seeks to refuel ahead of winter. The unscheduled maintenance on the Nord Stream 1 pipeline, which runs […]

Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

“Gasprom” prepares to close the Nord Stream 1 gas pipeline

Gasprom, a major Russian energy company announced today that The company will close the Nord Stream 1 pipeline from Aug. 31 to Sept. 2 for maintenance. Prom gas stated that After completing the maintenance The company will deliver gas in the amount of 33 million cubic meters/day. Nord Stream 1 is a gas pipeline from […]

“Gasprom” prepares to close the Nord Stream 1 gas pipeline