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Russian energy imports 'essential' to Europeans' lives, says German Chancellor

AFP/The Local
AFP/The Local - [email protected]
Russian energy imports 'essential' to Europeans' lives, says German Chancellor
German Chancellor Olaf Scholz on Monday. Photo: picture alliance/dpa/dpa-Pool | Michael Kappeler

German Chancellor Olaf Scholz cautioned Monday against banning Russian oil and gas as part of Western sanctions against Moscow over its invasion of Ukraine, saying doing so could put Europe's energy security at risk.

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Scholz said that Germany welcomed "all international efforts to respond to the Russian invasion of Ukraine with deep and targeted sanctions".

He added that the sanctions against Russian financial institutions, the Central Bank in Moscow and more than 500 individuals give a clear message. 

"The same applies to export restrictions on important goods," said Scholz.

The sanctions were designed so that they "hit Russia hard and can be sustained over the long term".

However, the Chancellor warned that energy supplies cannot be included in the sanctions.

"Europe has deliberately exempted energy supplies from Russia from sanctions," Scholz said in the statement.

"Supplying Europe with energy for heat generation, mobility, electricity supply and industry cannot be secured in any other way at the moment. It is, therefore, of essential importance for the provision of public services and the daily lives of our citizens."

READ ALSO: How Germany could end its dependence on Russian energy

The Ukrainian President Volodymyr Selensky has been urging further and stricter sanctions against Russia including a boycott of Russian exports.

According to the Federal Statistical Office, Germany imported €19.4 billion worth of crude oil and natural gas from Russia last year - accounting for 59 percent of all imports from the country.

The state of Bavaria accounted for the largest share: with almost €5.7 billion, it accounted for about 29 percent of the nationwide total. Brandenburg (€3.8 billion) and Hesse (€3 billion) follow. According to the Munich Chamber of Industry and Commerce, 36 percent of Bavaria's oil and gas imports come from Russia.

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Scholz said the German government had been working hard for months to "develop alternatives to Russian energy" with EU partners and others. 

"However, this cannot be done overnight," he said. "Therefore, it is a conscious decision on our part to continue the activities of business enterprises in the area of energy supply with Russia."

On Sunday, Foreign Minister Annalena Baerbock (Greens) pointed out Germany's "insanely high dependence" on imports.

She warned that if imports of oil, gas and coal from Russia were stopped, the lights could go out in Germany.

"We must, although these images of bombed cities tear at our hearts, always keep a cool head as well," Baerbock told ZDF. "We will not be able to stop the war by having the lights go out completely, here in Europe."

 

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Anonymous 2022/03/09 15:09
While true, not banning Russian gas feeds to bear and will allow them to march their way across Europe like Putin has been planning all along. We should have been building next generation nuclear plants everywhere. Not only are they safe, they don't depend of tyrants, and are carbon-free. No brainer.
marcus_475291 2022/03/07 19:44
Well germany should hang its head in absolute SHAME. Come on now Fire back at me when you read this. Germany allowed the Nord Stream 1 under that communist sympathiser Gerhard Schroeder. Sholtz allowed it too and so di Merkel all wanting Money and profit using the excuse Russia will come into the western fold but at the same time asking NATO to make sure there was no problem. They then said they will not operate nord stream 2 which is not even in use so that is like we will not pay for the rocket shiop to the sun BECAUSE NONE IS HAPPENING. Germany places profit before anything else. MONEY FIRST. Sure jobs and confort may be at stake but isnt that better than being blackmailed by an army that now had the GERMAN money to pay for those bombs? Australia did this with Japan in WW2. they sold iron for money and got bombs back REAP WHAT YOU SOW and this is not going to be the ned of this. GERMANY should have learnt about putting money fort. A LONG TIME AGO like about 70 years when they accused OTHERS of that same thing.
Anonymous 2022/03/07 18:28
Basically, Sholz and bareback are saying. As long as it only affects the poorest. Who cares. We either help pay for the bombs falling on Kiev. Or we force Germanys already vulnerable to take the burden. The later looses elections. So its simple for them, they cause it. They don't feel the pinch. It was all so avoidable.

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