Poland and Germany to “Nationalize” Russia’s GAZPROM Assets – Grab Pipelines

“The government of Poland announced today it is nationalizing the assets of Russia’s GAZPROM; and in so doing, is grabbing the YAMAL-EUROPE natural gas pipelines built and maintained by Russia’s state-owned gas company, GAZPROM. In addition, Germany announced that it, too, will nationalize GAZPROM assets within Germany.   When people do such things, it’s called “theft.”  Governments, re-name it. What this may mean for Poland and Germany is unclear since the gas lines they are grabbing would need to be filled by . . . Russia . . .  the country they just stole them from.”


Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: