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The country has managed to shed most of its reliance on Russian gas. Germany cut its gas imports by 32.6% in 2023, the country’s energy regulator said, mostly as a result of cutting out Russian ...
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 will make good on plans to build two liquefied natural gas (LNG) terminals and up its natural gas reserves to cut its dependence on Russian gas after Russia's invasion of Ukraine ...
BERLIN/FRANKFURT (Reuters) -Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe's largest economy ration power if a standoff over a Russian demand to pay ...
The IEA has also published action plans to cut oil use with immediate impact, as well as plans for how Europe can reduce its reliance on Russian gas and how common citizens can reduce their energy consumption. [3] This includes a 10-point action plan to reduce the EU's reliance on Russian Natural Gas. [73]
The European Commission and International Energy Agency presented joint plans to reduce reliance on Russian energy, reduce Russian gas imports by two thirds within a year, and completely by 2030. [10] [11] In May 2022, the European Union published plans to end its reliance on Russian oil, natural gas and coal by 2027. [12]
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject Russian LNG, according to The Financial Times.
In 2021, Germany was the world's largest importer of natural gas, which covered more than a quarter of primary energy consumption in Germany. [21] Around 95% of Germany's natural gas was imported, of which around half is re-exported. [21] 55% of gas imports came from Russia, 30% from Norway and 13% from the Netherlands. [21]