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Germany Gas Stocks Fall to “Worrying” Levels - Top Energy Firm Warns of Crushing Impact if Russia Pipes Up
An economy ministry spox has claimed Germany’s gas reserves have fallen to “worrying” levels amidst fears that an escalation of the Ukraine crisis would strangle supplies.
The International Energy Agency reportedly believes if Moscow switches off its natural gas to Europe it could have a “seismic impact” - with the knock-on effect potentially backfiring too. (The Guardian)
A fortnight ago, the White House said it would help facilitate a divergence from Europe’s dependence on Russian supplies. But those plans have so far jumped from Qatar to Japan.
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An economy ministry spox has claimed Germany’s gas reserves have fallen to “worrying” levels amidst fears that an escalation of the Ukraine crisis would strangle supplies.
The International Energy Agency reportedly believes if Moscow switches off its natural gas to Europe it could have a “seismic impact” - with the knock-on effect potentially backfiring too. (The Guardian)
A fortnight ago, the White House said it would help facilitate a divergence from Europe’s dependence on Russian supplies. But those plans have so far jumped from Qatar to Japan.
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