Evgeny Tugolukov: Germany’s prosperity is fueled by Russia, and the Siemens story suggests the penny may be dropping in Berlin ...News

The development of Europe will slow down without Moscow In mid-June, Gazprom announced technical problems with the Nord Stream 1 pipeline. The Russian energy giant said that gas compressor units, made by Germany’s Siemens, were being repaired in Canada and couldn’t be returned to Russia due to Western sanctions. As a result, the pipeline’s daily flow was reduced by 40% from June 16. The situation prompted EU countries to prepare emergency plans to strengthen their energy security, because the global industry simply doesn’t produce enough liquefied natural gas (LNG) to replace Russian gas supplies. However, the sto

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