Germany triggers gas emergency plan

Berlin has declared an ‘early warning’ ahead of Russia’s ruble deadline
Germany triggered its gas emergency plan on Tuesday, declaring an ‘early warning’ for potential disruption or stoppage of energy supplies from Russia.

https://www.rt.com/news/552961-germany-emergency-gas-ukraine/
#germany #gas #inflation #rationing

What will happen if Russia turns off gas taps to Germany?

Europe’s largest economy declares ‘early warning’ of a possible emergency amid concerns over supplies from Russia.
https://www.aljazeera.com/news/2022/3/30/gas-supply-what-will-happen-if-russia-turns-off-taps-for-germany
#gas #shortages

Israel -Turkey gas pipeline discussed as European alternative to Russian energy | Reuters – https://www.reuters.com/business/energy/israel-turkey-gas-pipeline-an-option-russia-wary-europe-sources-2022-03-29/

ANKARA/JERUSALEM, March 29 (Reuters) - A Turkey-#Israel gas pipeline is being discussed behind the scenes as one of #Europe's alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal, government and industry officials in both countries say.

The idea, first conceived years ago, is to build a subsea #pipeline from Turkey to Israel's largest offshore natural gas field, #Leviathan. #Gas would flow to #Turkey and on to southern European neighbors looking to diversify away from #Russia.

United States weighs largest ever draw from emergency oil reserve -sources | Reuters – https://www.reuters.com/business/energy/biden-will-give-remarks-thursday-efforts-lower-gas-prices-white-house-2022-03-31/

The latest amount of U.S. #oil release being considered, which is equivalent to about two days of global demand, would mark the third time the United States has tapped its strategic reserves in the past six months, and would be the largest release in the near 50-year history of the #SPR.

The White House said Biden will deliver remarks at 1:30 p.m. ET (1730 GMT) on "his administration's actions to reduce the impact of Putin's price hike on #energy prices and lower #gas prices at the pump for American families.

Given that the United States is taking a "muscular stance toward Moscow, promising more #sanctions, we believe the SPR release is being used as a tool to blunt the impact of these foreign policy decisions for US consumers," RBC Capital said in a note to clients

Elijah J. Magnier 🇪🇺 (@ejmalrai): "War in #Ukraine: If you wonder why @Joebiden announced the suspension of #NordStream2 #US liquefied natural #gas exports rise 16%, to a new record. Europe is the top importer taking 65% of US exports. About 12% went to Asia, and 3% to Latin America. https://www.reuters.com/business/energy/us-liquefied-natural-gas-exports-rise-16-new-record-2022-04-01/" | Nitter | PussTheCat.org – https://nitter.pussthecat.org/ejmalrai/status/1510269555846918149#m

Javier Blas (@JavierBlas): "BREAKING: Germany takes over a key #European unit of Russian state-owned gas giant Gazprom, effectively nationalizing the unit until at least Sept. 30 (In legal terms, the unit, called #Gazprom Germania GmbH, is put under the trusteeship of the German energy regulator) #ONGT" | FDNitter – https://nitter.fdn.fr/JavierBlas/status/1510997161399533569#m

Germany to Nationalize Gazprom Unit to Safeguard Gas Supply - Bloomberg – https://www.bloomberg.com/news/articles/2022-04-04/germany-to-temporarily-run-gazprom-unit-to-safeguard-gas-supply

#Russia #Ukraine #gas

The Economic Consequences of a Stop of Energy Imports from Russia – https://www.cae-eco.fr/the-economic-consequences-of-a-stop-of-energy-imports-from-russia

This Focus provides an estimation of the effects of a Russian stop of energy imports. The main results are as follows:

The impact for #France would be modest, with a decline of around 0,15 to 0,3% in gross national income. For Germany, the negative impact on gross national income is real (around 0.3% and up to 3% in the most pessimistic scenarios) but overall moderate and can be absorbed. The same is true for the EU as a whole, although there is significant heterogeneity in the magnitude of the shock across countries. For some #EU countries, the consequences are much greater: #Lithuania, #Bulgaria, #Slovakia, Finland or the #Czech Republic may experience national income drops of between 1 and 5%.

https://www.cae-eco.fr/staticfiles/pdf/cae-focus84.pdf

#Gazprom #gas #Pipelines – https://eegas.com/fsu.htm

#Russia #Ukraine #sanctions

Elijah J. Magnier 🇪🇺 (@ejmalrai): "The #US President @JoeBiden: "Harsh sanctions on #Russia, boycott energy and commerce; Europe can pay more for the US #gas and stop importing the Russian one; suspend #NordStream2.......but we and only we can keep buying the Russian oil"." | Nitter | PussTheCat.org – https://nitter.pussthecat.org/ejmalrai/status/1511283028009660419#m

Yawen Xu (@YawenXu17): "#US increases imports of Russian crude oil by 43% over the past week while Washington does not allow Europeans to take similar measures. That’s just hypocrisy at another level. #Russia #oilprice" | Nitter | PussTheCat.org – https://nitter.pussthecat.org/YawenXu17/status/1510894479795924992#m

#Ukraine #Sanctions

European Parliament votes for immediate and full import ban on Russian fossil fuels
MEPs have voted strongly to cut off imports

MEPs have voted strongly to cut off imports of Russian oil, gas, coal and nuclear fuel to hurt the Russian war effort in the wake of atrocities that have emerged in Ukraine

https://www.maltatoday.com.mt/news/ewropej/116165/european_parliament_votes_for_immediate_and_full_import_ban_on_russian_fossil_fuels
#gas #europe