Germany calls Russian gas supply cut an 'economic attack'

22/6/2022 6:56:00 AM

Ukraine-Russia Crisis: Germany calls Russian gas supply cut an 'economic attack' - Bernama

Ukraine-Russia Crisis: Germany calls Russian gas supply cut an 'economic attack' - Bernama

BERLIN (June 22): Russia's interruption of natural gas shipments to Europe via the Nord Stream pipeline on the grounds of technical problems is an 'economic attack,' Germany's federal minister for economic affairs and climate action said Tuesday.Robert Habeck said the cut is part of Russian President Vladimir Putin's plan to create 'chaos' in the European gas market, reported Anadolu Agency.'This strategy cannot be allowed to succeed,' he underlined.On June 15, Russian energy giant Gazprom said some technical equipment sent

A BERLIN (June 22): Russia's interruption of natural gas shipments to Europe via the Nord Stream pipeline on the grounds of technical problems is an"economic attack," Germany's federal minister for economic affairs and climate action said Tuesday.06- 21- 2022 04:55 PM Firefighters work to put out a fire at Lysychansk Oil Refinery after if was hit by a missile at Lysychansk, Luhansk region, Ukraine, April 16, 2022.A BRUSSELS (June 21): European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions, according to a draft document, with gold being considered for a possible next round.SINGAPURA: Bekalan minyak mentah yang diimport oleh China dari Russia dilaporkan melonjak 55 peratus berbanding tahun sebelum ini, sekali gus mengetepikan Arab Saudi sebagai pembekal utama.

Robert Habeck said the cut is part of Russian President Vladimir Putin's plan to create"chaos" in the European gas market, reported Anadolu Agency."This strategy cannot be allowed to succeed," he underlined.“Fighting in the Severodonetsk industrial zone and catastrophic destruction in Lysychansk,“ the Lugansk regional governor Sergiy Gaiday said in a statement on social media, adding that Lysychansk had suffered from heavy Russian strikes over the previous day.On June 15, Russian energy giant Gazprom said some technical equipment sent to the German firm Siemens for maintenance had not yet been returned and warned that gas shipments through the Nord Stream pipeline would decrease.The text is a compromise between Nordic and Eastern countries who pushed for a clear reference to a seventh package in the summit statement, and nations such as Germany and the Netherlands who instead cautioned to focus on applying existing measures rather than immediately add more.Gazprom said that up to 67 million cubic metres per day of gas supply could be provided through the pipeline as of June 16, a 60% reduction.“We are determining the final number of victims, because yesterday it was almost impossible to move inside the city safely,“ he said.The Netherlands, Germany and Austria announced that they would put into use their coal plants to reduce gas consumption with the aim of filling gas storage facilities.59 juta tong pada April lalu.

Germany plans to fill its natural gas storage facilities to 90% as of November, which is at 58% currently.Conditions are grim for civilians left in Lysychansk, who have no mobile phone connections, running water or power.Although no new package is currently being prepared, work is ongoing to identify sectors that could be hit, officials said.Germany is more dependent on Russian oil and gas than any other European country.The country met 55% of its natural gas needs from Russia before the war, while it has recently reduced this rate to 35%.Gaiday said that “fierce fighting” was ongoing at the Azot chemical plant in Severodonetsk where hundreds of civilians are believed to be sheltering.The German government, working hard to reduce its energy dependence, says that it takes time to become completely independent from Russian gas.A person familiar with the work on sanctions told Reuters the European Commission was working on adding gold to a possible next round of sanctions, although it was not yet clear whether the measure could ban export to Russia, imports from Russia or both.Germany has been subjected to intense criticism by the United State in the past for its dependence on Russian energy resources.- AFP.17 juta tong minyak pada April lalu.

In a statement, the German Industry Federation warned that if natural gas from Russia is cut off, there will be an inevitable"recession" in the economy.Subscribe to Mid-day email alert We deliver news to your inbox daily.

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