The Netherlands will abandon Russian gas by the end of the year

The Netherlands is going to completely abandon the purchase of Russian gas and coal by the end of this year.

Source: Minister of Climate and Energy Policy of the Netherlands Rob Yetten

According to him, the authorities want to fill the gas storage facilities available in the country as much as possible before the onset of winter. The Minister noted that mainly energy and other companies should do this. At the moment, due to high gas prices, they do not dare to take such risks.

“But these companies themselves are also saying that they want to stop replenishing Putin’s war purse,” Jetten said.

Jetten said that the government intended to develop a special scheme to compensate for the difference in gas prices for these companies.

State-owned Energie Beheer Nederland (EBN) is scheduled to fill Bergermeer’s gas storage facility with 70% of its capacity if other energy companies do not do so as part of the arrangements. The cost of this is estimated at EUR 623 million.

In addition, the country intends to increase imports of liquefied natural gas (LNG). Its storage will be provided by gas terminals in Rotterdam and Eemshaven.

It also noted that like the EU countries, the Netherlands would stop importing Russian coal as of August 11 at the latest.


See also: Emmanuel Macron: France does not need Russian gas


 

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