Tag Archives: Germany

Qatar Seeks Diversified Gas Customers Base

Qatar is striving for a diversified set of customers for its natural gas, the Gulf state’s energy minister told German daily Handelsblatt, potentially posing a limit to Germany’s purchasing ambitions to cut its dependency on Russian energy. “Just like buyers want to diversify their supplier base, we are keen to …

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Germany, Italy Agree to Pay for Russian Gas in Rubles

Germany and Italy have allowed national companies to open ruble accounts in Russia’s Gazprombank to comply with the new natural gas payment scheme and avoid a supply cut-off, Reuters reported on Friday, citing sources. The move comes after Poland, Bulgaria and most recently Finland refused to accept Russia’s new payment …

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Germany Drops Opposition to Russian Oil Embargo

Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand expectations in China. Brent Crude climbed 1.7 percent to $109.40 per barrel, while WTI Crude moved up 1.03 percent to $106.50 per barrel. Both contracts are set to finish up on the …

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Germany Rejects Putin Demand for Ruble Payments for Gas Exports

Companies buying Russian natural gas should not have to set up ruble accounts to pay for it, German Finance Minister Christian Lindner said, pushing back against a demand made last month by Russian President Vladimir Putin. “Contracts are contracts,” Lindner said Wednesday in an interview with Bloomberg Television in Washington. …

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Germany could End Russian Oil Imports this Year

Germany could end Russian oil imports this year, Chancellor Olaf Scholz said on Friday, signaling the urgency driving Europe’s biggest economy to wean itself off energy from Russia. “We are actively working to get independent from the import of (Russian) oil and we think that we will be able to …

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