Tuesday 11:51
Germany fears Chinese influence in the gas sector, similar to Austria, where a Chinese company owns shares in key pipelines.
Delia Niculescu

International
foto:shutterstock
Austria faces significant Chinese influence in the gas sector through the State Grid Corporation of China, which owns shares in key pipelines. This is becoming a concern for Germany, which is looking into State Grid's possible acquisition of a stake in Open Grid Europe. Experts warn that such investments could give China considerable geopolitical leverage over gas supplies to Europe, raising questions about the security of critical infrastructure.