Politics

BASF subsidiary piped €14bn of Russian gas across Germany


German BASF chemical giant’s subsidiary Wintershall has piped €14bn worth of Russian gas across Germany in March, a report from NGO Global Witness revealed on Thursday. Wintershall made €400m in profits processing the Russian gas and oil in partnership with Russia’s state-owned gas giant Gazprom, despite pledges to end their Russian business. About 40 percent of Germany’s gas came from Russia in March, with purchases worth €2.8bn.

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