Russian energy giant Gazprom on Monday said gas flows to Germany through the Nord Stream 1 pipeline would fall to 33 million cubic metres (MCM) per day from Wednesday, down from its full capacity of…
German cities are scrambling to reduce energy consumption in a summer of soaring temperatures and prices and to build up natural gas supplies in anticipation that Russia may shut off the gas completely.
As Germany reports its first trade deficit in 30 years, the prospects for West European industry look grim thanks to the US-led sanctions on Russia Germany's May foreign trade balance showed a €1 billion deficit. This has led many analysts to.
Germany prepares energy bailout law as gas prices soar thelocal.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.de Daily Mail and Mail on Sunday newspapers.