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“Putin’s war chest continues to be filled with money”: Germany continues to purchase gas from Russia

2024-02-25T15:33:04.151Z

Highlights: An estimated six to eleven percent of Belgian gas deliveries to Germany in 2022 originally came from Russia. Germany purchased 22 percent of its natural gas from Belgium last year. Russia was the third largest LNG exporter to the EU in 2023 with a share of 11.7 percent, after the USA (46 percent) and Qatar (12.1 percent). As a result, Russia generated revenue of 8.1 billion euros last year, according to the Institute for Energy Economics and Financial Analysis (IEEFA)



As of: February 25, 2024, 4:13 p.m

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LNG terminal ship: The gas market has been reorganized by the Russian war.

© Ralf Ibing/Imago

Germany is on Kiev's side in the Ukraine war.

Nevertheless, the Federal Republic continues to purchase gas from Russia.

There is criticism about this.

An estimated six to eleven percent of Belgian gas deliveries to Germany in 2022 originally came from Russia.

The NGO Urgewald reports this in a briefing on Germany's gas suppliers with reference to figures from the Belgian environmental organization Bond Beter Leefmilieu (BBL).

The Russian LNG was imported via the port of Zeebrugge.


For 2023, BBL expects an even higher proportion.

Belgium produces hardly any natural gas itself, but is an important transit country.

According to the Federal Network Agency, Germany purchased 22 percent of its natural gas from Belgium last year.

“So that we don’t continue to fill Putin’s war chest with money, the federal government must finally consistently block Russia’s gas delivery routes to Germany,” demands Moritz Leiner, energy expert at Urgewald.

At the European level, Germany must also work to ensure that Russian gas is no longer imported and re-exported into the EU, said Leiner.

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Organizations for banning Russian fossil imports

More than 100 European organizations made similar comments this week.

In an open letter to the heads of state and government of the G7 countries and the EU, they called for a “final ban on fossil gas imports from Russia to the EU”.

While Russian pipeline gas deliveries have declined significantly, Russia continues to supply large quantities of natural gas to LNG terminals in the EU, particularly in Spain, France and Belgium.

According to current figures from the Institute for Energy Economics and Financial Analysis (IEEFA), Russia was the third largest LNG exporter to the EU in 2023 with a share of 11.7 percent, after the USA (46 percent) and Qatar (12.1 percent). ).

As a result, Russia generated revenue of 8.1 billion euros last year, according to the IEEFA. 

ch

Source: merkur

All news articles on 2024-02-25

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