Britain steps up power purchases from EU countries – report — RT Business News

Britain steps up power purchases from EU countries – report — RT Business News

Source link Shortages have arisen as output of renewable energy has failed to compensate for the closures of coal and nuclear plants The UK purchased a record £3.5 billion ($4.4 billion) worth of electricity from EU countries last year as renewable energy failed to keep up with demand following shutdowns of coal and nuclear power […]

Another EU state ramps up gas purchases from Russia – media — RT Business News

Another EU state ramps up gas purchases from Russia – media — RT Business News

Source link Imports of Russian liquified natural gas (LNG) by Belgium grew sixfold in October after five months of reduced purchases from the heavily sanctioned country, RIA Novosti reports, citing EU statistical data. In April, the EU country bought a record 745 million cubic meters (mcm) of Russian LNG, and then began to gradually lower […]

Russian tycoon expects EU to cave in on gas purchases from Moscow — RT Business News

Russian tycoon expects EU to cave in on gas purchases from Moscow — RT Business News

Source link Сold winters will make the ‘Eastern compromise’ acceptable for Brussels very soon, according to Oleg Deripaska EU nations will have to return to Russian natural gas supplies within a year and a half, Russian businessman Oleg Deripaska predicted on his Telegram channel on Monday. According to the billionaire, the lack of gas deliveries […]

India should be thanked for Russian oil purchases – New Delhi — RT India

India should be thanked for Russian oil purchases – New Delhi — RT India

Source link The South Asian nation’s decision to continue trade with Moscow helped manage global inflation, its foreign minister said Indian Foreign Minister Subrahmanyam Jaishankar has asserted that India, the world’s second-largest oil buyer following China, played a pivotal role in stabilizing global oil and gas prices by continuing trade with Russia, thereby mitigating global […]