Germany will stop importing Russian coal from August 1 and crude oil from December 31, the country’s deputy finance minister, Joerg Kukies said today, as quoted by Reuters. “We will be off Russian coal in a few weeks,” Kukies said at the Sydney Energy Forum, which is taking place this week. “Anyone who knows the history of the Druzhba pipeline, which was already a tool of the Soviet empire over eastern Europe, ridding yourself of that dependence is not a trivial matter, but it is one that we will achieve in a few months,” he added. Kukies admitted, however, that replacing Russian hydrocarbons, not only in Germany, will be no easy task, citing the fact that together, the United States and Qatar could only supply some 30 billion cu m of natural gas equivalent to Europe, which imports more than 150 billion cu m of Russian gas annually. Despite […]