Not good.
Germany next?
Oh, for sure! Their industries are living on borrowed time right now.
“I hope that at some point there will be an end to the crisis, which will bring peace to Europe and, hopefully, will return some of the Russian gas to support Europe. If you look at the situation, it will be very difficult for Europe to withstand zero supplies of Russian gas for more than two winters. Many countries and companies have approached us, and I have consistently said the same thing: “Europe has always depended on Russia as the main supplier through pipelines”... There will be some LNG coming from the US and from other places… But, in the end, this is a small volume compared to the huge volume that comes from Russia,” Qatar’s Energy Minister Saad al-Kaabi said.
Most of the blame for high energy prices and the complete destruction of the European green policy lies with the governments of the EU countries, Europe cannot do without gas from Russia,” insists Saad al-Kaabi.”