German industry could shut down without Russian gas – FT ...News

A lack of energy supplies may bring the EU’s top economy to a halt, the paper reports Industrial companies across Germany are facing a real prospect of scaling down operations or shutting down completely if natural gas flows from Russia stop, the Financial Times reported on Monday. According to the publication, Germany’s largest steelmaker ThyssenKrupp and the world’s largest chemicals company BASF have both warned that without sufficient natural gas supply, their factories could be forced to idle or shut down completely, and could even suffer technical damage. “[Without Russian gas supplies,] we have to stop [pro

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