—Germany wants to repurpose part of the Nord Stream 2 pipeline for an LNG terminal, according to Der Spiegel. —The Russia-owned gas pipeline is not in use after Berlin vowed not to make it operational due to the war in Ukraine. —The potential plans come as Europe faces an energy crisis after Russia began reducing…
Amid record-high inflation and a Russian gas squeeze, the European Union’s 27 states are addressing their economic woes against the backdrop of Russia’s invasion of Ukraine. Leaders of the European Union’s 27 member states are meeting for the second day of a summit on Friday to address the bloc’s inflation-hit economy. The first day of…
—West, Russia in energy standoff since Ukraine invasion —German minister warns of ‘rocky road’ ahead —Minister does not rule out gas rationing —Says market threatened by ‘Lehman Brothers’ moment —Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday…
EU foreign policy chief Josep Borrell at a meeting of the bloc’s defense ministers in Brussels on May 6. John Thys (Reuters) The European Union has approved the participation of NATO members the United States, Canada, and Norway in a project aimed at speeding up the movement of troops and military equipment around Europe. The…