Is Germany Protecting Russia’s Gazprom From Latest Anti-Trust Discovery?
German companies like BASF and Wintershall may be successful at lobbying their government to keep the new Russian pipeline going, despite opposition from Washington. Such are the worries being made behind closed doors within the state owned Central and East European (CEE) gas companies that are no fans of Russia’s Gazprom.
On April 10, someone leaked the Statement of Objections against Gazprom from the European Union’s competition authority known as the Directorate-General for Competition (DG Comp). The leaked document was a 270-page report of abuse cases filed by nearly every Gazprom partner in eastern Europe, including Poland where the news first broke last week…
As Gazprom is responsible for nearly a third of all of Germany’s foreign gas supply, and because Germany has two big companies with money on the line with Gazprom projects, some believe Brussels is ready to let Gazprom off the hook from disputes with at least five countries.
“DG Comp is said to be pressured by some high-ranking German officials to make a soft deal with Gazprom so they can start building the new Nord Stream 2 pipeline.”