Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Germany worries that Russia’s gas shortage could be permanent

Marian RomainebyMarian Romaine
July 12, 2022
in News
0
The Vatican offers to mediate in South Sudan and DR Congo
Share on FacebookShare on TwitterShare on Whatsapp

German imports of Russian natural gas through the Nord Stream 1 pipeline under the Baltic Sea have been stopped for ten days due to routine maintenance. But German Economy Minister Robert Habeck issued a warning that EU nations needed to be ready if gas imports would not start up again. In reaction to EU sanctions over the conflict in Ukraine, he has charged that the Kremlin has been using gas “as a weapon.” 

Mr. Habeck acknowledged that Germany had grown too reliant on Russian gas. By year’s end, he predicted, two floating terminals for LNG deliveries would be operational. Russian gas giant Gazprom reduced gas flows via Nord Stream 1 to just 40% of the pipeline’s capacity in the middle of June. It attributed the delay to the equipment being maintained by Siemens Energy in Germany. 

According to the Canadian government, a fixed Siemens turbine for the pipeline will now be delivered to Germany. The Ukrainian government was incensed by such action and claimed that Canada had changed the sanctions it had put in place against Moscow “at the whims of Russia.” Despite the restrictions, Canada says it is allowing Siemens Canada a “time-limited and revocable license” to transfer fixed turbines back to Germany. The government of Germany is concerned that gas supplies might be temporarily or permanently limited. 

Every summer, when gas demand is lower than in the winter, pipeline maintenance is customary. The concern is that Russia might not open the taps again. Italian energy company Eni said it would receive around a third less gas from Russia’s Gazprom on Monday compared to typical levels sent over the previous several days as a result of the pipeline outage. Fatih Birol, the director-general of the International Energy Agency, has cautioned that Russia may completely cut off gas supplies to Europe and that the continent has to start preparing right away. 

Because entire sectors rely on gas and the majority of German houses use it for heating, a sudden overnight reduction in Russian supply might send Germany into a severe recession. 

Poland, Bulgaria, the Netherlands, Denmark, and Finland have already stopped receiving gas from Russia because they won’t accept a new payment system.

Tags: federal charactergasGermanyRussiaukraine
Marian Romaine

Marian Romaine

Marian Romaine is a seasoned content writer with a passion for translating complex technological concepts into accessible and engaging content.She is dedicated to creating engaging and informative content aiming to enhance both reader engagement and search engine visibility. Her writing combines a deep understanding of the subject matter with a talent for crafting clear, concise, and informative pieces.With 3 years of industry experience, her expertise includes crafting blog posts, articles, social media content, and website copy.

Related Posts

After Louvre Heist, Thieves Hit Another French Museum
News

After Louvre Heist, Thieves Hit Another French Museum

October 23, 2025
US Troops on Standby In Anticioation of Massive, Coordinated Anti-Trump Protests
News

US Troops on Standby In Anticipation of Massive, Coordinated Anti-Trump Protests

October 18, 2025
Blood Spills in Peru as Gen Z Fights a Broken System
News

Blood Spills in Peru as Gen Z Fights a Broken System

October 22, 2025
Next Post
The Vatican offers to mediate in South Sudan and DR Congo

The Sri Lankan parliament will choose a new leader on July 20

The Vatican offers to mediate in South Sudan and DR Congo

A new UK prime minister to be named September 5th

Data Shows Computer Science as the Most Applied Course in Nigerian Varsities

Data Shows Computer Science as the Most Applied Course in Nigerian Varsities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Miracle or Manipulation? Fufeyin’s ‘Healing Acts’ under heavy Criticism

Miracle or Manipulation? Fufeyin’s ‘Healing Acts’ under heavy Criticism

4 months ago
An angry mob in Ondo kills man after accusing him of killing two people.

An angry mob in Ondo kills man after accusing him of killing two people.

3 years ago
Bandits Infiltrate FCT, Kidnap 23 residents

Bandits Infiltrate FCT, Kidnap 23 residents

2 years ago
Postcards: A Flawed Gem of Nollywood-Bollywood Collaboration

Postcards: A Flawed Gem of Nollywood-Bollywood Collaboration

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Messi has commit to Miami signing a new contract extension till 2028

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Nnamdi Kanu Fires Legal Team in Open Court, Vows to Defend Himself

After Louvre Heist, Thieves Hit Another French Museum

Movie Review: Why Same Place, Same Time Is Undermined by Weak Plot and Technical Flaws — 4/10

Ghana in Mourning as Former First Lady Nana Konadu Agyeman-Rawlings Dies at 76

Trending

Baltimore City Police Who Stole $215k Retains Pension
Government

Baltimore City Police Who Stole $215k Retains Pension

byEriki Joan Ugunushe
October 23, 2025
0

You would think stealing $215,000 of taxpayers’ money would strip a man of all public benefits, but...

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

October 23, 2025
Dangote Group Disowns Killer Truck in Ondo Crash

Dangote Group Disowns Killer Truck in Ondo Crash

October 23, 2025
Messi has commit to Miami signing a new contract extension till 2028

Messi has commit to Miami signing a new contract extension till 2028

October 23, 2025
Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

October 23, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Baltimore City Police Who Stole $215k Retains Pension
  • APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections
  • Dangote Group Disowns Killer Truck in Ondo Crash

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com