The biggest immediate challenge for the EU will be replenishing its depleted gas inventories. While the EU could still increase LNG imports from countries such as the US, such purchases would be more expensive.Refilling natural gas storage space to h…
As the European Union tries to reduce its dependence on Russian energy, the Russian president recently said Russia would try to shift its energy exports to the east, adding that there was no way for European countries to give up Russian gas immediate…
Russian president demanded that exports of Russian gas to "unfriendly" countries be settled in rubles. The demand has raised concerns in Germany about possible supply disruptions and the impact on industry and households if utilities do not pay in ro…