Germany will completely stop buying Russian coal on Aug. 1 and Russian oil on Dec. 31, marking a major shift in the source of the country’s energy supply, deputy finance minister Joerg Kukies said at a conference in Sydney.
“Anyone who knows the history of the Druzhba pipeline, which was already a tool of the Soviet empire over eastern Europe, ridding yourself of that dependence is not a trivial matter, but it is one that we will achieve in a few months,” Mr. Kukies said.
als to help fill the gas supply gap, but he highlighted that while the United States and Qatar could together supply around 30 bcm of gas in LNG form to Europe, that still left a huge gap.was focused on the transition to net zero emissions and had recently put in place legislation to accelerate the development of renewable energy projects, gas would be essential to the shift. –
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