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MOSCOW (Reuters) -Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was very complicated and needs more attention, a day after talks ...
EUR/Ruble exchange rate. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ordered the ...
Germany imports 50% to 75% of its natural gas from Russia. [101] Nord Stream 2 would have doubled annual capacity of Nord Stream 1 to 110 billion m 3 (3.9 trillion cu ft). Days later, and after substantial negotiation between European nations, an agreement was made to expel many Russian banks from the SWIFT international banking network. [10]
Nord Stream 2, built under the Baltic Sea by Russia's state-controlled Gazprom to pump natural gas from the Arctic to Germany, was damaged on Sept. 26, 2022, in the wake of Russia's invasion of ...
European gas imports from Russia in 2021, with breakdowns. Russia supplies a significant volume of fossil fuels to other European countries. In 2021, it was the largest exporter of oil and natural gas to the European Union, (90%) [1] [2] and 40% of gas consumed in the EU came from Russia. [3] [4]
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Nord Stream 2 (German–English mixed expression for "North Stream 2"; Russian: Северный поток — 2) is a 1,234-kilometre-long (767 mi) natural gas pipeline from Russia to Germany running through the Baltic Sea, [2] financed by Gazprom and several European energy companies.
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