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Germany imported 55% of its natural gas supply from Russia when the country invaded Ukraine in February 2022. Russia was also Germany’s primary source of oil and coal imports.
MOSCOW/FRANKFURT/LONDON, Dec 21 (Reuters) - European gas prices hit a new record high on Tuesday after a pipeline that brings Russian gas to Germany switched to flow east, a move the Kremlin said ...
The European Energy ministers agreed, on 19 December 2022, on a price cap for natural Gas at €180 per megawatt-hour, [3] with Austria and the Netherlands abstaining and Hungary voting against. [2] This equates to about $55/MMBtu.
Nord Stream 2 ( German – English mixed expression for "North Stream 2"; Russian: Северный поток — 2) is a 1,234-kilometre-long (767 mi) natural gas pipeline from Russia to Germany running through the Baltic Sea, [ 2 ] financed by Gazprom and several European energy companies. Feasibility studies began in 2011 to expand the Nord ...
Gas prices in Europe rose nearly 20% this week, CNBC reported, as Russian natural gas flows dropped to less than 20% of their usual capacity in Germany’s Nord Stream 1 pipeline.
The Russia–EU gas dispute flared up in March 2022 following the invasion of Ukraine on 24 February 2022. Russia and the major EU countries clashed over the issue of payment for natural gas pipelined to Europe by Russia's Gazprom, amidst sanctions on Russia that were expanded in response to Russia's 2022 invasion of Ukraine.
Dutch and British wholesale gas prices rose by up to 20% on Monday on concerns about Russian gas supply. [NG/EU] The EU aims to cut its dependency on Russian gas by two-thirds this year and end ...
Nord Stream ( German–English mixed expression for "North Stream 1"; Russian: Северный поток, romanized : Severny potok) is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea from Russia to Germany. [1] It consists of the Nord Stream 1 (NS1) pipeline running from Vyborg in northwestern Russia, near ...