German Chemicals Giant To Shut Down if Russian Gas Not Delivered
By sweN TR
The Ludwigshafen plant – the largest chemical site in the world – which employs almost 40,000 people, would have to shut down if gas supplies were to be cut in half, Michael Vassiliadis, chemical trade union chairman, told German newspaper Frankfurter Allgemein.
The report points out that the chemicals industry cannot run without oil and gas, and without the sector the economy stops, as people are heavily reliant on it in their everyday lives.
Moscow and the EU are currently at loggerheads regarding payment for future gas deliveries, as Brussels rejected Moscow’s demand for payments in rubles. The Kremlin says currencies like the dollar and the euro have been compromised by the sanctions and Russia will not deliver gas for free.
