Home News Russia’s sanctions on Gazprom Germany could cost gas users and taxpayers five...

Russia’s sanctions on Gazprom Germany could cost gas users and taxpayers five billion euros a year

33
0

Moscow decided in May to stop supplying the German subsidiary with Gazprom, after Berlin placed Gazprom Germany under special administration due to the Russian invasion of Ukraine, informs Agerpres.

According to the quoted source, the German authority for energy networks Bundesnetzagentur, as administrator, was forced to buy gas from the international market to replace supplies from Russia and honor contracts with municipal utility companies and regional gas suppliers.

The Ministry of Economy estimates that the additional need is 10 million cubic meters of gas per day, and a spokesman confirmed the estimate published by the quoted newspaper.

Read:   Austrian official: Russian gas supplies must be excluded from sanctions imposed on Moscow. We are somewhat dependent on energy in Russia

According to Welt am Sonntag, the current costs will be around 3.5 billion euros a year, plus the amount needed to fill the Rehden natural gas field, ordered on Wednesday by Economy Minister Robert Habeck.

The weekly shows that the additional costs will be transferred to energy suppliers and final consumers, in the form of a gas tax, starting in October.

A spokesman for the economy ministry said there was no risk of supply.

If you like this article, we look forward to joining the community of readers on our Facebook page, with a Like below:

Read:   Airbnb offers free accommodation in Romania for Ukrainian refugees
Previous articleMercedes-Benz is recalling almost one million older cars worldwide due to possible problems
Next articleElon Musk is $ 17 billion poorer after threatening to lay off employees