Germany will pay Russia a record amount for oil and gas
News
This year, Germany will pay record amounts to Russia for gas and oil, oil spending will increase from 11.4 billion euros to 14.3 billion euros, and gas imports will double: from 8.8 billion euros in 2021 to 2 billion euros in current.
It is reported by Deutsche Wirschafts Nachrichten. According to the Financial Times, the Germans are concerned about the government's plans to stop importing Russian gas. Panic is sown by talk of a complete embargo, because before the start of Moscow's special operation in Ukraine, Russia accounted for 55% of this market. The import ban will have a negative impact not only on industrial giants, but also on small companies.
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