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Policy

Germany Looks to Drastically Cut Russian Gas Imports

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Europe’s largest natural gas buyer Germany is turbocharging efforts to move away from its dependency on Russian energy imports amid Russia’s ongoing war in Ukraine. Germany has typically depended on Russia for around 55% of its gas (around 50 billion cubic meters per year), 52% of its coal and 34% of its oil — and EU-wide embargoes on Russian coal and oil are in the works. But a gas embargo is far more difficult for Germany, which has no LNG import terminals. Nonetheless, Berlin intends to be “largely independent” of Russian gas by mid-2024, reducing its share to some 10% by then. Below, Energy Intelligence looks at how it plans to achieve this, and what’s feasible.

Topics:
Policy and Regulation, Security Risk , Sanctions, Gas Supply, Gas Demand, Low-Carbon Policy, Renewable Electricity , Nuclear Policy
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