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EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
Germany cut its gas imports by 32.6% in 2023, the country’s energy regulator said, mostly as a result of cutting out Russian supply. However, Germany is still heavily dependent on other ...
MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject Russian LNG, according to The Financial Times.
Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.
Russian gas has been replaced by liquefied natural gas (LNG) imports: the United States has increased its slice of the EU gas market to 56.2 bcm in 2023 from 18.9 bcm in 2021 while Norway grew its ...
EU and UK imports of Russian gas. The reliance of the European Union and, indirectly, the United Kingdom on Russian gas supplies has increased over the last decade. Natural gas consumption in the EU and UK overall remained broadly flat in over this period, but production fell by a third and the gap has been filled by increased imports.
Russia has said that because of Western financial sanctions over Ukraine, it plans to require payment for its energy exports - especially the gas that Germany depends on - in roubles rather than ...