December 4, 2023

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Germany will stop buying Russian coal on August 1 and oil on December 31

Germany will stop buying Russian coal on August 1 and oil on December 31

The main challenge will be to meet the remaining need in the union European Cookies said 158 billion cubic meters annually of gas is supplied by Russia, Reuters reported.

“We won’t have any Russian coal in a few weeks,” he said at the Sydney Energy Forum, which is co-hosted by the Australian government and the International Energy Agency.

Previously, he said, Russia provided 40% of German coal and 40% of its oil.

“Anyone familiar with the history of the Druzhba pipeline, which was already an instrument of the Soviet empire over Eastern Europe, will know that getting rid of this dependency is not an easy task, but it is something we will reach in a few months,” Cokes said, according to the same source.

Germany is rapidly developing liquefied natural gas (LNG) import terminals to help fill the gas supply gap, but the country has indicated that if the United States and Qatar together can supply about 30 billion cubic meters of gas in the form of LNG to Europe, no This still leaves a huge void.

“We just can’t imagine this problem,” Cookies said.

He said that if Germany focuses on the transition to net zero emissions and recently puts in place legislation to speed up the development of renewable energy projects, gas will be essential to the transition.

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