Oil and gas supplies: How Europe prepares for disruption in energy flows | DW News


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Oil and gas supplies: How Europe prepares for disruption in energy flows | DW News



Russian President Vladimir Putin is due to hold talks with central bank and Gazprom officials today about how Moscow’s demand for gas payments in rubles is to be implemented. But Putin has told German Chancellor Olaf Scholz payments could still be made in euros or dollars, and then be converted into rubles by Gazprom’s own bank. Berlin has asked for written clarification.
Uncertainty over the process has prompted Germany and other European countries to prepare for possible disruptions to gas flows.

With the invasion of Ukraine raising concerns about energy security, fossil fuel producers in countries including the United States are hoping for a boom. Despite President Biden’s plans to invest in renewable energy sources, the White House says the US expects to export more gas and oil to Europe.
DW’s Washington bureau chief Ines Pohl traveled to the state of North Dakota to find out how producers there hope to cash in on the renaissance in fossil fuels.

Europe is further planning to lean more heavily on liquified natural gas, or LNG, as it tries to break its dependence on Russian gas. One region is set to profit from Europe’s pivot to the fuel: The Iberian Peninsula.

00:00 Europe’s alternatives to Russian energy
02:13 Putin meets with Gazprom & central bank
06:33 Fossil fuel renaissance in North Dakota
09:23 Liquified natural gas from the Iberian Peninsula

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#Energy #Russia #Oil

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29 Comments

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  1. Germany is going to go nuclear powered. The french are the leaders in this area and will dominate their energy supply. The british may be able to supply smaller nuclear units.

  2. Germany’s industry would be destroyed not disrupted if you only have 9% of the gas to replace Russia’s gas all industry’s that use gas will be bankrupted. Now is the time to think again about nuclear energy because it’s bloody clear that letting energy costs flow out of Europe was a bad idea. What are the greens going to tell when China (who produces almost all renewebles) invades Taiwan? All what this policy has done is set Germany up for a economic disaster, what is the future of Europe if we say we don’t want the gas while not having a alternative? I don’t believe that our leaders know what they are potentially causing.

  3. Let's recall the brutal NATO! Katyn massacre! NATO slaughters millions of poles! Very cruel! We thank Russia for hosting the brutal chronicle of NATO and telling the world the truth!

  4. Europe is historically poor in resources. So trade and innovation is crucial.
    Before I used no gas. Since two years I bought a house that consumed 2000m3 gas per year.
    Now it is my turn to ‘innovate’ and make my house future proof by reducing it’s carbon footprint.
    In 2023 I will reduce gas consumption with 50% with insulation. A further reduction might be possible with changes in central heating and solar panels.
    Only three months a year there is not enough sunshine to provide solar power. That will be the final challenge

  5. It is a smart option for russia to cut off oil and gas for unfriendly countries.Putin uses ruble for buying oil and gas.Putin will fight back nato for their sanctions

  6. Be prepared if the Gas is Switched off.. ??
    This statement Is precisely the issues with the Germans
    Pandering to Putin.
    The Germans Should have relised 20 years ago
    Before getting into Bed with the Putin Regime ..
    dealing with Dictators.. was never a solid longterm strategy !!

  7. Germany needs to stop importing Russian gas period. I understand a lot of this gas is used in powerplants. It was completely idiotic of Germany to shut down it's nuclear power plants. Start them up again and stop importing gas from Russia to burn which pollutes way more as well. With the the significant reduction in gas needs used for powerplants Germany may be adequately served by other countries supplying gas. We have to stop the money flow to Putin, period.

  8. I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 11.4 BTC when I started at 1.5 BTC in just a few weeks implementing trades with signals and insights from Harvey Barrett FX, I would advise y'all to trade your asset rather than hodl for a future you aren't sure about or hold it and risk losing all.

  9. I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 11.4 BTC when I started at 1.5 BTC in just a few weeks implementing trades with signals and insights from Harvey Barrett FX, I would advise y'all to trade your asset rather than hodl for a future you aren't sure about or hold it and risk losing all.