Nord Stream 2 owner considers insolvency after sanctions

Re:Nord Stream 2 owner considers insolvency after sanctions by Arnt on Tuesday March 01, 2022 @12:22PM (#30516947)

I thought about that too, and decided that it's not significant.

That pipeline ends on the north coast of Germany. Its customers will have to be in 10-20 countries surrounding Germany, and energy sources are long-term decisions made by boards of directors rather than mid-level managers. Consider the next five years. Which energy company board in those countries is going to discuss two suggested investment plans, one that involves Gazprom and one that involves anything else, and pick Gazprom over an alternative?

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Re:Nord Stream 2 owner considers insolvency after sanctions by Ajef on Tuesday March 01, 2022 @01:42PM (#30518154)

Perhaps, my current opinion is: Many people don't care enough about politics at all to consider it a factor and maybe that changes with the situation in Ukraine but I'm not convinced. Will politicians put pressure on the companies, maybe more likely. In which case you are still right.

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Re:Nord Stream 2 owner considers insolvency after sanctions by croes on Tuesday March 01, 2022 @02:41PM (#30519003)

If people would care most couldn't afford things like driving a car.

Too many resources come from non democratic countries with a lack of human rights.

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