Russia may cut off gas completely, Europe must act now – IEA

22/06/2022 6:36:00 PM

International Energy Agency Executive Director Fatih Birol does not rule out Russia 'continuing to find excuses to further reduce gas deliveries to Europe and maybe even cut it off completely'

International Energy Agency Executive Director Fatih Birol does not rule out Russia 'continuing to find excuses to further reduce gas deliveries to Europe and maybe even cut it off completely.'

International Energy Agency Executive Director Fatih Birol does not rule out Russia 'continuing to find excuses to further reduce gas deliveries to Europe and maybe even cut it off completely'

plugging a supply gap and tackling climate change.major wheat exporter.REHOBOTH BEACH, United States — US President Joe Biden said Monday he will probably not visit Ukraine during a trip to Europe that starts this week.First of 2 parts Next: Exploited, displaced: Filipino truck drivers from EU come home to uncertaintie s AMSTERDAM, The Netherlands – Randy remembers feeling paralyzed by dread.

Rising 8% from the previous year, when the pandemic was more severe, the investment includes big increases in the electricity sector and efforts to bolster energy efficiency, it said in its annual investment report published on Wednesday.Investment in oil and gas, on top of setting back efforts to reach climate goals, could not meet rising demand if energy systems were not retooled towards cleaner technology, it said.Filling inventories slowly The chief executive of Germany’s largest power producer RWE, Markus Krebber, said power prices could take three to five years to fall back to lower levels.“Today’s oil and gas spending is caught between two visions of the future: it is too high for a pathway aligned with limiting global warming to 1.Biden is among a shrinking number of major Western leaders who have not yet visited Ukraine to show support against the Russian invasion.5°C but not enough to satisfy rising demand in a scenario where governments stick with today’s policy settings and fail to deliver on their climate pledges,” the agency said.Ukraine said its pipelines could help to fill any gap in supply via Nord Stream 1.– Rappler.Palagi pang galet [ang amo namin].

com.Eni and German utility Uniper were among European companies that said they were receiving less than contracted Russian gas volumes, although Europe’s gas inventories are still filling – albeit more slowly.Biden is heading to Germany on Saturday for a Group of Seven Summit, then on to Madrid for a meeting of NATO leaders.

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