Germany will eventually be able to do so without Russian gas, if needed, on which it continues to depend heavily to meet its energy needs, the economy and climate minister said today.
“Yes, it can,” Robert Habek told Germany’s state radio, when asked about the possibility, a day after the announcement of the suspension of the licensing of the large Russian-German gas pipeline Nord Stream II, following Moscow’s recognition. of the self-proclaimed pro-Russian republics in eastern Ukraine.
If Berlin were to one day abandon Russian gas altogether, this would initially translate into a “huge gap” to be filled in the energy market, resulting in an “initial increase in the price” of gas.
Eventually, however, the gas purchased from Gazprom could be “offset” by other producers and energy sources, he said.
Source: ΑΠΕ-ΜΠΕ
Source: Capital
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