Meet the man who may decide the fate of German industry

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Were the government to take the unprecedented step of declaring a gas emergency, Klaus Müller’s agency is preparing to work around the clock

Save time by listening to our audio articles as you multitaskat his office in Bonn. He took over a few days after Russia attacked Ukraine. From day one he has spent the bulk of his time thinking about the supply and distribution of natural gas—the lifeblood of Germany’s industrial economy, the flow of which has been staunched by Russia in response to Western sanctions. “We are in significantly better shape than everyone forecast this summer,” he says reassuringly.

The reason Germans—and German industrialists in particular—hang on Mr Müller’s every word is that he could yet be in charge of rationing gas for the country.

Yet even managed carefully, such a gas emergency could lead to a severe disruption of supply chains, bankruptcies and unemployment. One particularly gloomy forecast in late September by thegdp This horror scenario may be avoided this winter. Gas-storage facilities are filled to the brim with Russian gas imported earlier this year, before Vladimir Putin, Russia’s warmongering president, all but turned off the taps in September . Germany’s main supplier of piped gas is now Norway, followed by the Netherlands, Belgium and France. By Christmas Germany will have three floating import terminals for liquefied natural gas in Wilhelmshaven, Lubmin and Brunsbüttel, built in record time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Meet the man who may decide the fate of German industry

Müller is, with other Green lobbyists who have mutated into civil servants, a wrecking ball of German industry. Deindustrialisierung Energiekrise

Lol! NATO caused this. NordStreamSabotage Deindustrialize KeepGermanyDOWN

scary.

He should have been talking with Gazprom all the time to assure Russian-Gas what is happening now is ridiculous / it was always wrong die cut back an Russian Gas

They are firing up old coal plants despite net zero dementia. Better than burning old tires

bnetza Ihr solltet wirklich über nordstream2 und Fraking nachdenken. Es ist einfach widerlich solch eine Selbstüberhöhung und Machtbesessenheit zu lesen. Wiederlich.

Boa nee - bitte nicht den Typ in Arbeiter-Klamotten🤦‍♂️ Das ist eine Beleidigung aller, die wirklich den Laden am Laufen halten ‼️

Hidrogênio Verde🙃😌 Vou sair divulgando para todo mundo!😌

Soon to be affectionately known as Albert Speer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines