Norway Replaces Russia As Germany’s Top Gas Supplier

TL;DR

Europe Imports Of U.S. Diesel, Gasoline To Hit 2-Year HighFor years energy stocks have…Russia’s crude oil exports by…Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021, the German Federal Network Agency, Bundesnetzagentur, said on Friday.Norway provided 33% of the gas Germany imported last year, followed by Russia, whose share fell to 22% for last year, compared to a 52% share in 2021, said the German regulator.Last year, Russia started gradually cutting gas supply via the Nord Stream pipeline to Germany in June until shutting down the pipeline in early September, claiming an inability to repair gas turbines for the pumping stations due to Western sanctions.ADVERTISEMENTThe lack of gas deliveries from Russia was partly compensated for by additional imports, including from the Netherlands, Belgium, and Norway, the German network agency said today.By Charles Kennedy for Oilprice.comMore Top Reads From Oilprice.com:Join the discussion | Back to homepageADVERTISEMENTADVERTISEMENTCharles is a writer for Oilprice.comMore InfoADVERTISEMENTADVERTISEMENT"

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