German-Soviet tube gas shops

The German-Soviet pipe and natural gas business began on February 1, 1970 with the signing of three-way contracts for the supply of large pipes by German companies, natural gas supplies by the Soviet Union and the granting of loans by West German banks. From October 1973, three billion cubic meters of natural gas were to be supplied annually , after the Soviet pipeline network had been expanded with 1.2 million tons of large pipes from West German production.

The loan agreement was concluded between the Foreign Trade Bank of the USSR and the Deutsche Bank commissioned by a consortium of 17 financial institutions . The "Röhrenkredit I" had a term of 12 years, was until then the largest German-Soviet financial transaction and 50 percent secured by Hermes-Kredit-Versicherungs-AG .

Such a deal had already been negotiated at the end of the 1950s, but it failed due to the tube embargo imposed by the USA in 1962 . Now Mannesmann -Export GmbH, together with Thyssen Hütte , has supplied the state trading company W / O Promsyrjoimport with large pipes that have never been used for the expected climatic conditions. The natural gas was fed into the Ruhrgas AG network at Waidhaus in Bavaria. This was followed in the 1970s by further contracts based on this model of triangular business, up to the "tubular credit V" of January 1978.

Individual evidence

1. ^ ^{A b c} Manfred Pohl : Business and Politics. German-Russian / Soviet economic relations 1850–1988. v. Hase & Koehler Verlag, Mainz 1988, ISBN 3-7758-1176-1 , pp. 149-159
2. ^ Frank Bösch : Energiewende nach Osten , Die Zeit, October 10, 2013, p. 18

Web links

• Somersault on the trapeze . Der Spiegel No. 7/1970, p. 34.
• The honorable merchants of Moscow . Die Zeit, September 11, 1970, No. 37.
• In the pocket . The mirror no. 24/1971.
• The Russians are there . Die Zeit, October 5, 1973, No. 41.