Fuel and energy
According to Bloomberg agency, citing two unnamed officials, German Chancellor Angela Merkel’s cabinet is considering coordinated action of the European Union.
This was reported by the British newspaper Guardian with reference to a study by the analytical center Shift Project.
It was announced that Iraq and Kazakhstan confirmed their readiness to further reduce production.
“There is no reason to think that from some day in June or July, or even at all, the supply of Russian gas to Belarus can be limited or cut off,” Dmitry Mezentsev said.
Nord Stream 2 AG has appealed against the decision of the Federal Network Agency of Germany in the Higher Regional Court of Dusseldorf.
Nord Stream 2 AG requested the Danish Energy Agency to allow the use of anchored ships.
“In fact, they want to destroy even the theoretical possibility of gas transit through Ukraine in the future,” head of the Gas Transportation System Operator of Ukraine, Sergey Makogon, said.
According to the President, in these conditions, an alternative to any source of energy can be easily found.
According to Klaus Ernst, the introduction of duties on liquefied natural gas from the United States by the European Union’s authorities should become a response.
According to the head of the analytical department of AMarkets, Artyom Deyev, oil prices are supported by the statement of the US Federal Reserve System.
This was reported on June 12 by the newspaper Frankfurter Allgemeine Zeitung, citing an internal document of the Federal Ministry for Economic Affairs and Energy.
According to oil market analyst of Rystad Energy, Paola Rodriguez-Masiu, oil prices were under pressure due to concerns about the pace of recovery in demand.
According to experts, it will experience the “largest recorded demand shock in the history.”
Among the possible retaliatory measures, Klaus Ernst called the penalty tariffs for American natural gas.