Germany wants to reduce Russia’s oil imports by 50%

Specifically, Berlin wants to quickly reduce the amount of imported oil Russia from this summer and stop importing Russian coal this fall. Germany aims to be near-independence energy at the end of the year.

By the end of March, Germany’s dependence on natural gas was only 40%, instead of 55% as before.

In addition, most of the 46 billion cubic meters of gas Germany receives from Russia each year has been replaced by liquefied petroleum gas supplies.

According to Federal Economy Ministry officials, the country has selected energy groups RWE and Uniper to place three floating liquefied natural gas stations. These points can receive liquefied petroleum gas from tankers and return them to gaseous form.

The German government is looking at potential sites in the North Sea and Baltic Sea, which could be used in the short term, possibly even in the winter of 2022-2023.

However, German officials still warn that an immediate embargo on Russian energy would have serious social and economic consequences for Germany.

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