Amid Ukraine Endgame, Some in Germany Want Russian Gas [Yahoo! Finance Canada]
BASF SE S/ADR (BASFY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Europe has spent three painful years weaning itself off gas from the east with the biggest impact felt in Germany, the region's biggest economy. German industry was built on cheap Russian gas and rising energy prices have already trammeled growth and forced some manufacturers to move production abroad. For many politicians and businesses in Germany, the idea of buying Russian pipeline gas is still anathema. For example, chemicals giant BASF SE, a huge consumer before supplies were shut off, said this week it has no scenario involving the resumption of supply. But in Germany's east, where economic stagnation and historic links with Russia make the idea more palatable, talk of bringing back supplies has already started in some quarters, even before a peace deal is done. For Christof Günther, head of the one of the biggest chemical industrial sites in Germany the only way to revive sectors like his is to get hold of cheap Russian gas again. If Europe is ex
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