Search result for Russian Gas
The chancellor of Germany claims to be moving quickly to discover alternatives to Russian gas.
As pressure increases on his government to find solutions to address an impending crisis, the German chancellor, Olaf Scholz, has said he is working as quickly as he can to free Germany from its dependence on Russian gas and pursue other energy suppliers.
On the first day of a three-day...
Supply From Nigeria to Replace Russian Gas Supply in the EU
The Deputy Director General, Matthew Baldwin, of the European Commission’s energy department, stated that EU member countries are seeking an increase in Nigerian gas supply as they plan to cut its import from Russia.
Currently, 14 percent of the European Union’s LNG supply c...
EU customers' gas supply cannot be guaranteed, according to Russia's Gazprom.
The announcement coincides with a 10-day maintenance period for Nord Stream 1, which transports Russian gas to Germany and other countries.
According to a letter seen by Reuters, Russia's Gazprom has informed clients in Europe that it cannot guarantee gas supplies due to "excep...
Russia-Ukraine conflict | Europe Cannot Survive a Russian Gas Ban for More Than 6 Months; Expect Serious Repercussions: IMF
Alfred Kammer, the IMF's head of the European Department, has stated that Europe can go up to six months without a continuous supply of Russian energy imports.
While the European Union considers the implications of a Russian gas embargo, the International Monetary Fund's (IMF) d...
Germany spends billions to transition away from Russian gas
Germany has set aside roughly 3 billion euros ($3.2 billion) to purchase floating liquefied natural gas (LNG) import facilities as part of its efforts to wean itself off Russian gas.
On April 15, Finance Minister Christian Lindner tweeted, "Dependence on Russian energy imports must...
Germany seeks alternatives to Russian gas from Qatar and the United Arab Emirates
German Economy Minister Robert Habeck has stated that he will discuss liquefied natural gas (LNG) supplies during a trip to Qatar and the United Arab Emirates to achieve a hydrogen contract, which would reduce Germany's reliance on Russia for gas.
According to data from the Economy ...
Why LNG Will Not Be a Complete Replacement for Russian Gas in Europe
Over the previous three months, Europe has become the largest consumer of US liquefied natural gas producers, accounting for more than half of all US sales. However, LNG from the United States, as well as LNG from other sources, would only give temporary assistance.
For starters, all LN...
Is African gas capable of replacing Russian gas supply to Europe
As the battle in Ukraine continues, European gas prices have risen, and Moscow may cut off gas supplies, which is generally seen as part of Putin's leverage over the West in his preoccupation with Ukraine.
During a summit of gas exporting countries held last week in Qatar, the bloc ...