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EUR/Ruble exchange rate. 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 ordered the ...
Nord Stream 2 (German–English mixed expression for "North Stream 2"; ‹See Tfd› 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.
[6] [25] Major existing and planned natural gas pipelines supplying Russian gas to Europe in 2021, including the Yamal–Europe, Brotherhood, TurkStream, Blue Stream and Nord Stream pipelines through Belarus, Ukraine, Turkey and Germany. In 2021, Russia supplied roughly 45% of the natural gas imported by European Union states. [26]
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 ...
Russian gas has been replaced by liquefied natural gas (LNG) imports: the United States has increased its slice of the EU gas market to 56.2 bcm in 2023 from 18.9 bcm in 2021 while Norway grew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 ...
Germany has been under pressure from other Western nations to become less dependent on Russian gas, but its plans to phase out coal-fired power plants by 2030 and to shut its nuclear power plants ...
Nord Stream (German–English mixed expression for "North Stream"; ‹See Tfd› Russian: Северный поток, Severny potok) is a network of offshore natural gas pipelines which run under the Baltic Sea from Russia to Germany to provide Western Europe with natural gas. It comprises two separate projects, Nord Stream 1 and Nord Stream 2.
Nord Stream (German–English mixed expression for "North Stream 1"; ‹See Tfd› 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]