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The Netherlands also plans to renounce Russian fuels

the-netherlands-also-plans-to-renounce-russian-fuels

The Netherlands also plans to renounce Russian fuels

Amsterdam, Apr 22 (Prensa Latina) The Netherlands authorities announced today their intention to renounce all purchases of gas, oil and coal from Russia at the end of this year.
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Energy Minister Rob Jetten said his country will work to fill gas storage facilities with enough gas for next winter, a local radio station reported Friday.

According to Jetten, fuel prices soared this year due to the lack of supplies, and he recalled that 15 percent of the gas consumed by his nation comes from Russia.

Energy companies will buy additional fuel on an accelerated basis, and the government promised incentives to companies to help supply gas, the price of which is currently very high.

In addition to these companies, state-owned Energie Beheer Nederland (EBN) will also work to ensure gas storage at the Bergermeer facility in North Holland in at least 70 percent of its capacity.

The Netherlands will invest in liquefied natural gas (LNG) storage in the ports of Rotterdam and Eemshaven, which will enable increased exports of this gas to other European countries as well.

The Council of Ministers today agreed to allocate €623 million for this purpose and a fuel tax could be used to cover these costs.

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