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Wednesday, March 1, 2023

Fundamental: Germany's gas bill surged 109% last year despite slashed buying

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Alert Alert Mar 1, 2023, 7:46pm
 
Fundamental: Germany's gas bill surged 109% last year despite slashed buying
Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%, official data from the Federal Office for Economic Affairs and Export Control (BAFA) showed. Moscow's invasion of Ukraine last February triggered a spike in energy prices and prompted Germany to seek alternatives to Russian supply while imposing measures to ...
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