Fears about attacks on energy infrastructure should not affect the activities of operators, the head of the association BVEG Ludwig Moehring said during the two-day gas summit Handelsblatt, commenting on leaks in the pipeline Nord Stream, reports Reuters.
Several European Union states said the leaks on the Nord Stream 1 and Nord Stream 2 pipelines were likely the result of sabotage.
Concerns about attacks on infrastructure could damage many industrial sectors, Ludwig Moehring said. "If we make (that) the yardstick for economic activity in Germany, I can think of a lot of companies where I would say, oh folks, then better give up right away," he said. "I don’t think that is the basis of what we do," he added.
The alleged attacks raise no additional questions about oil and gas production, he said.
BVEG is made up of 78 companies that produce residual gas and oil in Germany, including Neptune Energy, Vermilion Energy, Wintershall Dea and BEB, a joint venture between ExxonMobil and Shell.
The companies reached a turnover of 1.9 billion euros in 2021.