General

German Economy Minister Says Country Can Do without Russian Gas

Berlin, Germany can do without Russian gas if necessary, said German Economy Minister Robert Habeck, noting there would be assistance for consumers if prices rise in the short term due to the Russia-Ukraine conflict.

“As far as the short-term price increases and the burden on consumers and businesses are concerned, we will provide relief elsewhere,” the Green politician said on Deutschlandfunk radio today.

“We can hardly intervene in the world market price of gas or oil. But we will abolish the EEG levy [charged to electricity consumers to help pay for the country’s transition to renewable energy]. We will counteract it with social policy.”

The most important thing is that Germany has enough gas and the supply is secure, Habeck said.

Source: Oman News Agency