The Netherlands no longer depends on coal, oil products (diesel and kerosene) and crude oil from Russia. Thus, the Netherlands comply with the sanctions against the Russian Federation agreed by the EU, said Climate and Energy Minister Rob Jetten, according to NOS.
Gas is not subject to sanctions, but the goal of the Dutch government was to end dependence on Russia. According to Jetten, this was achieved, in particular, through the import of LNG (liquefied natural gas). However, a small part still comes from Russia.
For LNG supplies, in recent months, among other things, a floating plant was built in Emshafen. The Dutch government intends to expand these opportunities together with other European countries. The launch of coal-fired power plants at full capacity also reduced demand for Russian gas.
Speaking to NOS Radio 1 News, Jetten said gas storage facilities in the Netherlands are now relatively full..
“This means next winter will be less of a challenge as we have to fill a little less. But we need to prepare for the fact that within a few years gas will be relatively more expensive than what we are used to,” the minister added..
The EU imposed sanctions to punish the Russian Federation and financially hit the Kremlin. Sixty percent of Russian government revenue comes from the sale of fossil fuels. Russia has largely refocused its oil trade towards Asia, limiting the impact of sanctions. The high cost of oil also played in favor of Moscow. However, analysts expect the sanctions could hurt Russia more in the near future..
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