Germany said Russia is using energy as a “weapon” after Moscow reduced natural gas supplies in retaliation for Europe’s penalties over the war in Ukraine.
A unit of Gazprom PJSC that was seized by Germany has had its deliveries reduced by about 10 million cubic meters a day, according to German Economy Minister Robert Habeck.
“The situation is escalating to the point that the use of energy as a weapon is becoming a reality,” Habeck told reporters on Thursday in response to Russia’s move. The tension comes just as a solution appeared to be emerging for what has been the main headache for weeks — Moscow’s demand for ruble payments for its gas. Companies including German giant Uniper SE were increasingly confident they could keep buying Russian supplies without breaching sanctions.
The fuel is a crucial part of the energy mix of Europe’s largest economy. Some 15% of Germany’s electricity is generated from gas — compared with less than 9% in 2000, as the country winds down nuclear and coal. The fuel is also critical for heating homes and industrial processes in the chemicals and pharmaceuticals sectors.
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