Germany plans to limit imports of Russian LNG - Bloomberg

30 January 2023, 23:38 | Economy
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German government wants to limit imports of Russian liquefied natural gas (LNG) to reduce energy dependence. This is stated in the government document of Germany, which Bloomberg refers to..

According to the document, in the future, companies will be required to inform a special commission about the origin of natural gas purchases if their volume exceeds five terawatt-hours..

“The federal government does not support the purchase of Russian LNG. The government has informed the company that it will take appropriate measures to avoid purchasing Russian LNG,” Deputy Energy Minister Patrick Greichen commented on this information..

The speaker of the Ministry of Economy declined to comment on the document and specific measures taken by the government.

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After the Russian invasion of Ukraine, pipeline gas flows from Russia to Europe fell to a historic low. To compensate for the shortfall, LNG supplies from around the world increased. Supplies are also carried out from Russia, since LNG is not subject to EU sanctions. Only the UK and a few smaller states have officially banned the import of this type of fuel from Russia, with most of these cargoes being diverted to other ports..

According to the German lobbying group Zukunft Gas, countries such as France, Belgium, the Netherlands and Spain are still accepting supplies of Russian LNG, which now accounts for about 6% of the continent's gas imports..



As reported, at the beginning of 2023, the gas terminal in Germany received the first batch of liquefied natural gas from the United States..

Earlier, Germany had already accepted a tanker with this fuel from Spain, and also signed a long-term contract for the supply of gas with Qatar..

Last November, the FT wrote that Europe was importing record volumes of Russian liquefied natural gas: in 10 months of last year, imports grew by more than 40 percent compared to the same period in 2021.




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