Germany Gets Slammed as Berlin Fails to Fulfil LNG Contract with India | Europe Energy Crisis

2022-11-13 1

Germany Gets Slammed as Berlin Fails to Fulfil LNG Contract with India | Europe Energy Crisis. Developing and poor countries cannot compete with a cash-rich Europe on the spot markets, which is why European countries end up securing LNG cargo supplies for themselves. India has also seen LNG supplies meant for it never reaching its shores, and New Delhi isn’t happy about it. Europe’s energy crisis seems to have force Berlin to make some bad choices, which is why India and Germany are now locked in a diplomatic standoff. Watch to know more.

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