Oil, gas and mining

Putin has cut 80% of his exports of pipeline gas to Europe! President von der Leyen



Since the beginning of the war, Putin has cut 80% of his exports of pipeline gas to Europe. In only eight months, we have managed to replace most of it.
President von der Leyen at the European Parliament Plenary!

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On Wednesday, MEPs discussed the outcome of the October summit, which focussed on Russia’s war against Ukraine, energy, climate change, Iran and relations with China.

Opening the debate, European Council President Charles Michel said the last summit, which concentrated on energy prices, had been a “pivotal” one, awaited by citizens, businesses and governments alike. The summit had overcome differences and agreed on a plan, he told MEPs.

European Commission President Ursula von der Leyen told MEPs that the current energy context required “urgent actions and strategic foresight”. Gas storage needed to remain on everyone’s radar to avoid a scarcity by the end of next summer. She also highlighted that a quick transition to renewable energy is needed, notably through a proposal for a new emergency regulation that would simplify permit requirements to unlock many renewable energy projects. Maintaining European industrial competitiveness through more flexible state aid rules and REPowerEU is also a priority, she said.

MEPs demanded that the work on reforming the electricity market should speed up in order to decouple electricity prices from those of gas. Unused loans in the Recovery and Resilience Fund should be used to improve energy infrastructure, and renewables should be deployed more quickly. They also called for further measures to protect citizens and businesses who are struggling to pay rising energy bills, as well as a windfall tax on the profits of energy companies. Several MEPs highlighted the need for action to ensure that EU industries do remain competitive, given that non-EU countries in some cases heavily subsidise their own industries.

26 Comments

  10. Andre Heck

    But you want no gas and oil and uranium and fertilizers and grain from Russia.
    And you can not replace it. In Feb 23 people like this wife are running for security to the USA.

  16. nutty walls

    Granny is always trying to justify her incompetence or corruption. Instead of gossiping about others why does she not do her job and tell us about europe our economic growth and well being we lost because of her stupidity or corrupt greed

  17. tez 11

    Dont forget to mention that it has cost Europe 4 times more to replace the 80% that Russia has cut off. The Americans are laughing their bollocks off. Go on Europe destroy yourselves for the sake of your friend and allie the US.

  19. John C

    WELL

    YOU ,,,,,V D L SCOUNDREL,,,,

    YOU DO NOT WANT ,,,,,
    THE GAS OF RUSSIA,,,,,,,
    NOW
    YOU COMPLAIN THAT RUSSIA DOES NOT
    DELIVER GAS TO EUROPE…
    AND
    YOUR FRIENDS ,,,,,BOMBED NORDSTREAM 1 and 2
    …
    SO ,,HOW YOU CAN GET ,,, RUSSIAN GAS,,,,
    ,,,,YOU
    DO
    NOT,,,,,
    WANT,,,,,,!!!!?
    WHAT A LEVEL,,,WHAT A LEVEL,,,,,,,,

  22. Oishi beats

    Managed to replace most of it for the price of 8 times higher, Having an Idiot lead an nation also shows the nation is full of idiots since no one is trying to remove the idiocy.

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