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Nord Stream II preparing for bankruptcy

... the head of the Gazprom Сompany, which owns the pipeline. Due to the project, in which the largest concerns of the energy and oil market (Shell, OMV, Engie, Uniper, Wintershall DEA) took financial part, it was planned to increase the volume of natural ... ... ability to completely free itself from Russian energy dependence even in a few months. On February 23, US authorities imposed sanctions against Nord Stream II. President Joe Biden commented on his decision with reference to the actions of the head of the ...

Russia's plans to sell gas for rubles did not suit buyers

... the country's authorities had not yet discussed decisions to pay for Russian gas in rubles. At the same time, the expert expressed the opinion that paying for the energy resource in the Russian national currency would be an attempt to circumvent the sanctions imposed on the country. Klaus Ernst, head of the relevant committee in the German Bundestag, said that it is technically impossible to pay for Russian hydrocarbons in rubles. Moreover, such a circumvention of the sanctions imposed on Russia ...

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

... the federal authorities continue to pay considerable attention to Russia, which is the main supplier of gas. However, Jerger notes that only now, against the backdrop of an acute geopolitical conflict, the state began to actively negotiate with such oil-producing countries as Qatar. The oil and gas market, according to the head of BVMW, is what can be called a ‘power economy’, and not a market economy in its normal form. Is it possible to call a situation in which the free forces of supply and demand ...

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