World “Moon Prizes” for gas: Habeck criticized friendly states

05:50  05 october  2022
05:50  05 october  2022 Source:   pressfrom.com

Habeck warns of permanent damage to economy

 Habeck warns of permanent damage to economy Berlin. The controversial gas surcharge will hardly come after the cancellation of top politicians in the traffic light coalition - there is now also a gas price brake in conversation. But it should cost the state many billions. And also other aid programs for households and companies. © Kay Nietfeld Federal Minister of Economics Habeck warns of permanent damage to business.

Federal Minister of Economics Robert Habeck has accused some delivery states of natural gas excessive prices. «Some countries, including friends, sometimes achieve moon prices. Of course, this brings problems with which we have to talk about, ”said Habeck of the“ Neue Osnabrücker Zeitung ”. He rely on the EU Commission also speak to the friendly countries.

Bundeswirtschaftsminister Robert Habeck kritisiert einige Lieferstaaten von Erdgas. © Kay Nietfeld/DPA Federal Minister of Economics Robert Habeck criticizes some of the delivery states of natural gas.

The Greens politician called the United States in this context. “The United States turned to us when oil prices shot up, then the national oil reserves were also tapped in Europe. I think such solidarity would also be good to cushion the gas prices, »said Habeck with a view to the government in Washington.

According to the minister, the EU should "bundle its market power and orchestrate a clever and synchronized shopping behavior of the EU countries so that individual EU countries do not beat each other and drive up world market prices". The European market power is "huge" and only has to be used.

Europe turns to Africa for gas as alternative to Russia .
Africa’s natural gas reserves are vast, and countries have pipelines linked to Europe, but exports remain low.The initial field near Senegal and Mauritania’s coastlines is expected to contain about 15 trillion cubic feet (425 billion cubic meters) of gas, five times more than what gas-dependent Germany used in all of 2019. But production isn’t expected to start until the end of next year.

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