It was one of a series of measures announced by Germany’s economy minister, as Europe takes steps to deal with reduced energy supplies from Russia.
Tag: Gazprom
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
Hungary’s Oil Embargo Exemption Is a Sign of Orban’s Affinity for Russia
Prime Minister Viktor Orban has spoken admiringly of President Vladimir Putin and expressed sympathy for his security demands to NATO.
Russia Cuts Gas Supplies to Poland and Bulgaria
The market reaction underscored that a dreaded moment in the war had arrived: the severe disruption of Russian natural gas exports to the E.U.
Russia Cuts Off a Major Supply of Natural Gas to Poland
The moves are Moscow’s first open targeting of Europe with denial of energy.
How the Ex-Chancellor Gerhard Schröder Became Putin’s Man in Germany
Gerhard Schröder, who is paid almost $1 million a year by Russian-controlled energy companies, has become a pariah. But he is also a symbol of Germany’s Russia policy.
Germany’s Dependence on Russian Gas Is Difficult to Break
Dangerously dependent on Russian gas, Germany is still refusing to cut off President Putin, whose war it is effectively subsidizing to the tune of some $220 million a day.
Lithuania Says It Has Stopped Importing Gas From Russia
Although tiny, Lithuania is the largest economy in the Baltic States and a eurozone member, giving the decision significance to European nations. “If we can do it, the rest of Europe can do it too,” the president said.
How Europe Got Hooked on Russian Gas Despite Reagan’s Warnings
A Soviet-era pipeline, opposed by the president but supported by the oil and gas industry, set up the dependency that today helps fund the Russian assault on Ukraine.
Russians Face Sanctions and Anxieties of a Costly War
The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.