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


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.

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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.

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