Skip to Content

Germany says Russia will lose energy customers over Ukraine

<i></i><br/>
KMIZ

By FRANK JORDANS
Associated Press

BERLIN (AP) — Germany’s vice chancellor says Russia’s attack on Ukraine will cause western nations to stop buying Russian coal, oil and gas. Fossil fuel sales are an important source of income for Russia. Vice chancellor Robert Habeck said Thursday the crisis will strengthen the case for customers of Russian fossil fuels to pursue energy independence by boosting renewable sources. Germany currently gets about half of its natural gas and coal from Russia, and a third of its oil. Habeck said measures to shore up gas reserves in recent months and an abundance of wind power have helped prevent a shortage for consumers. Habeck also told The Associated Press that Russian President Vladimir Putin personally should face sanctions for his actions on Ukraine

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content