Norway becomes Germany’s top gas supplier

(File: Famagusta Gazette)

Norway replaced Russia as Germany’s biggest gas supplier in 2022, accounting for 33 percent of its total gas imports.

As a result of the Russia-Ukraine conflict, only 22 percent of Germany’s imported gas came from its once biggest supplier Russia in 2022, according to the network agency. Back in 2021, the country had still provided more than half of the gas imports of Europe’s largest economy.

Gas supplies from Russia declined over the course of last year and finally ceased altogether in September. The shortfall of Russian gas sparked the energy crisis in Europe and had to be compensated with additional imports from countries such as Norway, the Netherlands and Belgium.

To ensure sufficient supply, the German government set up incentives to save energy and stepped up efforts to fill its gas storages before the winter and heating season. In addition, new supplier agreements were concluded as liquefied natural gas (LNG) terminals were built on the North Sea coast to create the necessary infrastructure.

About Famagusta Gazette 6980 Articles
In addition to our Mediterranean perspective, Famagusta Gazette publish extensive coverage of world news, travel and tourism features, and financial information. Follow us on Twitter @FamagustaG