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Siemens Energy and BASF warn Russian gas supply cuts would cause severe damage
Clean Energy Wire ^

Posted on 04/02/2022 9:46:50 AM PDT by FarCenter

The heads of Germany’s large, energy intensive companies have warned against severe damages that would be caused by a stop to Russian gas deliveries. “If we cut off Russian gas deliveries, the repercussions will be dramatic,” Christian Bruch, CEO of Siemens Energy told Handelsblatt. For some industries, a steady gas supply is existential, said Bruch. “Just take the glass industry. Once the systems go cold, they're gone,” he said, adding that it was questionable whether the affected companies would invest in Germany again afterwards. Bruch said production without Russian gas would be possible by importing liquified natural gas (LNG) and building up renewables, but not immediately. Delivering LNG gas from terminals in the west to the east of the country would also be difficult, he said.

BASF head Martin Brudermüller even warned of an unprecedented economic downturn that could “submit the German economy into its worst crisis since the end of the Second World War,” he told Frankfurter Allgemeine Sonntagszeitung. An embargo on Russian gas would threaten the existence of small and medium-sized companies in particular, he said, adding that it would take four to five years to substitute the Russian deliveries with other sources. At the BASF plant in Ludwigshafen 40,000 employees could be affected, in addition to many products that are needed in the value chains of groceries and medicines, he said.

(Excerpt) Read more at cleanenergywire.org ...


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Russian natural gas is more important as a feedstock, for process heat, and to power German industry than it is for residential use.
1 posted on 04/02/2022 9:46:50 AM PDT by FarCenter
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To: FarCenter

Just pay in rubles and it’s all good. 😕


2 posted on 04/02/2022 9:51:19 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: FarCenter
Posted a couple days ago:

German Chemical Giant Warns Of “Total Collapse” If Russian Gas Supply Cut

3 posted on 04/02/2022 9:58:27 AM PDT by blam
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To: FarCenter

Then go get some rubles and quit supporting nazis. Simple.


4 posted on 04/02/2022 10:06:26 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: FarCenter

This is the issue when you elect globalists, that want to destroy your economy and create chaos.


5 posted on 04/02/2022 10:07:00 AM PDT by freespirit2012
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To: FarCenter

The Germans make a catastrophically bad strategic decision about once a generation. Now they have avidly embraced green lunacy and have turned away from fossil fuels and nuclear energy. Yet they badly need fossil fuels and have become dependent on imports especially from Russia. The Russians no doubt still hold legitimate grudges against the Germans for the crimes the Germans committed against the Russian people.The Russians, having willing other buyers for their gas and oil, are not losing much sleep not shipping gas to Germany.


6 posted on 04/02/2022 10:07:55 AM PDT by allendale
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To: FarCenter
But sanctions work, er dont work. What way is it now?

Sanctions work on US, not them.

7 posted on 04/02/2022 10:08:41 AM PDT by crz
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To: All

Well pay the Russians then, what’s the problem? America and NATO invade countries all the time and no one seems to care , no reason to get so upset when Russia does the same thing.


8 posted on 04/02/2022 10:10:04 AM PDT by escapefromboston (Free Chauvin)
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To: DesertRhino

What I understand is...they pay to the Russian bank in Euros. Then that bank converts it to rubles.

So..WTH is the matter here?


9 posted on 04/02/2022 10:11:03 AM PDT by crz
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To: crz

They probably are getting annoyed at kraut support for the Uke army as well. Either way, the blockheads can just wear sweaters maybe?


10 posted on 04/02/2022 10:14:14 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: FarCenter

apparently, german “leaders” shouldn’t have bowed to a handful of “green” nutjobs and surrendered their country to Putin without a shot being fired ...


11 posted on 04/02/2022 10:14:18 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: catnipman

How did the Germans keep the Holocaust Ovens going
during WWII?

Germans know how.


12 posted on 04/02/2022 10:17:57 AM PDT by Zenjitsuman (f)
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To: FarCenter

Israel has a huge supply of nat. gas.
Don’t know how prevalent the “Boycott, Divestment and Sanctions” movement is in Kraut-land.


13 posted on 04/02/2022 10:21:46 AM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: allendale

You are spot on.


14 posted on 04/02/2022 10:38:50 AM PDT by laplata (")
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To: FarCenter

As I recall, Trump warned them about this but being the greenie globalists they are, they ignored what was a common sense warning.


15 posted on 04/02/2022 10:58:45 AM PDT by falcon99 ( )
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To: allendale

Yet, right here in this article, Christian Bruch, CEO of Siemens Energy says the long-term solution is “building up renewables.”


16 posted on 04/02/2022 10:59:14 AM PDT by ProtectOurFreedom (“Sorry, I’m not a biologist.”)
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To: FarCenter

Don’t ask Biden for LNG...he doesn’t have any.


17 posted on 04/02/2022 11:06:47 AM PDT by Bonemaker (invictus maneo)
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To: crz

A conversion fee. It is better to buy rubles on Moscow Exchange.


18 posted on 04/02/2022 11:42:25 AM PDT by NorseViking
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To: falcon99
As I recall, Trump warned them about this but being the greenie globalists they are, they ignored what was a common sense warning.

SEVERAL TIMES but most especially at his, DJT, address to the UN General Assembly in 2019; "Reliance on a single foreign supplier can leave a nation vulnerable to extortion and intimidation. That is why we congratulate European states, such as Poland, for leading the construction of a Baltic pipeline so that nations are not dependent on Russia to meet their energy needs. Germany will become totally dependent on Russian energy if it does not immediately change course." The German diplomats were seen laughing and scorning this speech.

19 posted on 04/02/2022 12:57:26 PM PDT by SES1066 (More & more it looks like Brandon's best decision was Kamala! UGH!)
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To: FarCenter

But, but, but, they are nasty fossil fuels.


20 posted on 04/02/2022 1:19:31 PM PDT by 353FMG
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