
German Toilet Paper Company Now Insolvent
As a result of the gas-intensive drying process of the toilet paper industry, the German company Hakle has now filed for bankruptcy.

As a result of the gas-intensive drying process of the toilet paper industry, the German company Hakle has now filed for bankruptcy.

Citing environmentalist opposition, French President Macron stated that MidCat “will not solve the European gas problem.”

Gazprom’s purported technical issues mark the latest episode in what is fast becoming a long-running series of similar events—Gazprom has regularly invoked such issues as the reason for reducing gas flows into Germany and the rest of Europe.

In the first six month of this year, Gazprom—despite its gas imports to Europe having dropped by 35%—posted a record-breaking net profit of 41.7 billion euros.

The project, dubbed MidCat, would carry North African gas from Spain to Germany, running through France.

The suspension of gas flows from Gazprom will not affect French consumers, Engie wrote in a press release.

The announcement comes only days before PM Boris Johnson’s successor is announced. Johnson has thus far undertaken little action in resolving the crisis, leaving this farrago for the next prime minister to untangle instead.

The levy comes just days after Energy Minister Robert Habeck announced his plan for reducing gas consumption by 20%. He also wants to allow public buildings to be heated at a maximum of 19 degrees.

Oil deliveries from Russia had been detained through the southern half of the Druzhba pipeline due to a problem with transit fee payments caused by EU sanctions.

“By choosing Azerbaijan as a gas supplier, Mrs. von der Leyen is in fact weakening the European Union,” the French MPs said.