2nd Dec 2022

Germany to quit Russian coal on 1 August, oil on 31 December

  • Jörg Kukies meeting with India's minister of power Raj Kumar Singhat the Sydney Energy Forum (Photo: Twitter)
Listen to article

Germany will end purchases of Russian coal on 1 August and quit Russian oil on 31 December, as the country aims to reduce its dependence on Russian fossil fuels.

"We will be off Russian coal in a few weeks," state secretary at the German chancellery Jörg Kukies said, speaking at the Sydney Energy Forum on Wednesday (13 July)

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Oil, he admitted, will be harder and require more time.

"Anyone who knows the history of the Druzhba [oil] pipeline, which was already a tool of the Soviet empire over Eastern Europe, ridding yourself of that dependence is not a trivial matter, but it is one that we will achieve in a few months," Kukies said.

In 2021, Russia provided Germany with 45 percent of its coal, 35 percent of its oil and 55 percent of its natural gas.

But the main challenge for Europe will be gas due to a lack of alternatives, according to Kukies. "We can't just wish the problem away," he said.

Germany is now rapidly developing liquefied natural gas (LNG) import terminals to help replace Russian piped gas. According to Kukies the United States and Qatar could provide 30 billion cubic meters to Europe.

Kukies, the G7 and G20 sherpa of German chancellor Olaf Scholz, and the G7 allies have also worked to impose new measures to hit the Russian economy.

The US and other wealthy G7 nations, including Britain, Canada, Germany, France, Italy and Japan, and the European Union, agreed to explore imposing a price cap on Russian oil.

The proposal ties financial services, insurance and oil shipping to a price ceiling, and a shipper who wants to use these services must be committed to a set maximum price for Russian oil.

To build support for the measure, US treasury secretary Janet Yellen has been on a whirlwind tour in Asia this week ahead of the Friday and Saturday G20 meeting of finance leaders in Bali.

On 12 July, Yellen and Japanese finance minister Suzuki Shunichi said the two countries have agreed to explore "the feasibility of price caps where appropriate."

But other countries, including Indonesia, have noted their disagreements with Western sanctions imposed on Russia, and at the last G20 meeting in Washington in April, no joint communique was issued.


One idea to tackle Big Energy's big profits

A new idea, besides a windfall tax on polluting Big Energy giants, is to make them invest their profits in their own sustainable futures. After all, these companies have a large 'sustainability debt' and extraordinary transition costs awaiting them.


How the gas lobby is fuelling the cost-of-living crisis

An investigation by COE reveals oil and gas lobbyists have enjoyed unprecedented access to EU decision-making. As a result, a series of critical decisions on tax, energy-infrastructure, and regulation put fossil-fuel industry profits above millions at risk of energy poverty.

Stakeholders' Highlights

  1. Nordic Council of MinistersCOP27: Food systems transformation for climate action
  2. Nordic Council of MinistersThe Nordic Region and the African Union urge the COP27 to talk about gender equality
  3. International Sustainable Finance CentreJoin CEE Sustainable Finance Summit, 15 – 19 May 2023, high-level event for finance & business
  4. Friedrich Naumann Foundation European DialogueGender x Geopolitics: Shaping an Inclusive Foreign Security Policy for Europe
  5. Obama FoundationThe Obama Foundation Opens Applications for its Leaders Program in Europe
  6. EFBWW – EFBH – FETBBA lot more needs to be done to better protect construction workers from asbestos

Latest News

  1. Belarus dictator's family loves EU luxuries, flight data shows
  2. How Berlin and Paris sold-out the EU corporate due diligence law
  3. Turkey's EU-funded detention centres ripe with abuse: NGO
  4. In green subsidy race, EU should not imitate US
  5. EU Commission proposes suspending billions to Hungary
  6. EU: Russian assets to be returned in case of peace treaty
  7. Frontex leadership candidates grilled by MEPs
  8. Portugal was poised to scrap 'Golden Visas' - why didn't it?

Join EUobserver

Support quality EU news

Join us