Germany has become extremely reliant on liquified natural gas from the United States to keep its industrial sector and economy afloat, and since the Nord Stream gas pipeline explosions, Germany has become even more dependent.
The pipeline explosion changes the entire geopolitical position of Germany, as it cut off any hope Germany had of restarting relations with Russia and regaining access to cheap gas supplies, which have served as the bedrock of the country’s industrial sector.
Given the circumstances, Germany is growing angry over the “sky-high” gas prices it has to pay from so-called “friendly countries.”
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Federal Minister of Economy Robert Habeck has criticized the high cost of delivering liquid gas to Germany. He says that even “friendly countries” have sometimes demanded “astronomical prices,” Habeck told the Osnabrücker Zeitung. He said there is need for further discussion in order to bring prices down.
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