Source link The share of the fuel in the bloc’s overall imports amounted to 15% in 2023, calculations show The EU increased natural gas purchases from Russia in 2023, despite pledging to phase out all Russian fuel imports by 2027, Reuters reported on Wednesday, citing calculations based on the bloc’s trade statistics. According to 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 […]
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 […]
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 […]
Source link Czech Trade Minister Jozef Sikela has denounced the imports that began in October Traders in the Czech Republic have recommenced the import of Russian natural gas since October, according to Jozef Sikela, the country’s Minister of Industry and Trade. “There is no need to supply Russian gas to the Czech Republic,” Sikela wrote […]
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 […]