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Analyses |
| Michał Kędzierski
On 7 March, the Federal Ministry for Economic Affairs and Climate Action (BMWK) announced a third extension of the trusteeship over Rosneft Deutschland (RND) and RN Refining & Marketing (RNRM), this time until 10 September.
Analyses |
| Michał Kędzierski
On 17 January, Wintershall Dea announced its decision to completely withdraw from its business operations in Russia. The company will deconsolidate its assets in the country and take a one-time write-down of €5.3 billion in its settlement…
Analyses |
| Michał Kędzierski
On 14 November the Federal Ministry for Economic Affairs and Climate Action (BMWK) issued an order concerning the nationalisation of Securing Energy for Europe GmbH (SEFE), a company which concentrates Gazprom’s gas assets in Germany, and…
Analyses |
| Michał Kędzierski, Szymon Kardaś, Agata Łoskot-Strachota
On 22 February, German Chancellor Olaf Scholz announced that he had instructed the economy minister Robert Habeck to withdraw the positive assessment of the impact of launching the Nord Stream 2 (NS2) gas pipeline on the security of gas…
OSW Commentary |
| Michał Kędzierski
The German economy is heavily dependent on natural gas, almost all of which it purchases from foreign suppliers. More than half of this is from Russia. For years, Germany underestimated the dangerous degree of its gas dependence on Russia…
Analyses |
| Michał Kędzierski, Szymon Kardaś, Agata Łoskot-Strachota
On 28 November, the American news website Axios reported on a non-paper that was sent on 19 November by the German government, via the embassy in Washington, to members of the US Congress concerning the Nord Stream 2 gas pipeline. Its…
Analyses |
| Michał Kędzierski, Szymon Kardaś
On 16 November, the German Federal Network Agency (Bundesnetzagentur, BNetzA) announced it was suspending the process of certifying Nord Stream 2 AG (NS2AG) as an independent transmission system operator. In its statement the regulator…
OSW Commentary |
| Szymon Kardaś, Michał Kędzierski
Joint hydrogen energy projects are components of the comprehensive Russian-German energy cooperation which has been ongoing for more than five decades. Due to increasing demand for hydrogen resulting from Germany’s energy transition (…