🇩🇪⚡️To prevent power outages in Germany, a plan was implemented to reduce gas consumption by 20%, which led to power cuts for some industrial companies and calls for citizens to save energy.
1/4
#russia #germany #energycrisis #gas
1/4
#russia #germany #energycrisis #gas
The gas storage facilities that serve as a safety buffer during the heating season were already largely filled with Russian gas, leaving the question of what will replace it in the future and at what cost.
2/4
2/4
To reduce dependence on Russia, Germany built three LNG terminals with plans for eight more, but they are not fully utilized.
Two agreements for 5 billion cubic meters of LNG per year were signed, but they will not take effect until 2025 at the earliest.
3/4
Two agreements for 5 billion cubic meters of LNG per year were signed, but they will not take effect until 2025 at the earliest.
3/4
The situation is further complicated by the increasing demand and price of LNG in Asia due to the recovery of the Chinese economy.
The era of affordable Russian energy sources in Germany has come to an end, and the outcome is uncertain.
4/4
The era of affordable Russian energy sources in Germany has come to an end, and the outcome is uncertain.
4/4
• • •
Missing some Tweet in this thread? You can try to
force a refresh
