Scholz Pushes New Pipeline Initiative

With Germany in the midst of a deepening energy crisis German Chancellor Olaf Scholz is now calling for the construction of a pipeline which would reach from Portugal to Central Europe. Naturally, the goal of such a pipeline would be to reduce Germany’s dependence on Russian gas. Even though Germany and other European nations have made strides to shrink their dependence on gas shipments from Russia, it has become clear that reliance will not diminish before the winter season arrives. Scholz has broached the topic of a pipeline with the officials from Portugal, Spain, France and the European Union. Portuguese Prime Minister António Costa has been pushing for the pipeline proposal to be examined by the EU since the early days of Russia’ invasion of Ukraine. Germany and other nations with a heavy reliance on Russian gas paid the issue little mind.

Now Germany appears intent to push the matter, even publicly admitting regret that a sincere effort was not made earlier. Of course, the geopolitical situation has changed. Now that Germany is anxiously seeking other sources for natural gas supplies, a pipeline from Portugal to Central Europe suddenly seems to be an ideal solution.

Unfortunately for Berlin, the energy troubles confronting Germany are not strictly limited natural gas. Water levels on the Rhine River dropped to a critical low on Friday. This will affect barge traffic on the river and subsequently restrict the flow of essential commodities to inland Europe even more. Not exactly welcome news and a firm indication that the energy crisis facing Europe is a long way from being brought under control.

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