German Energy Group Says Gas Supply Is About to Deteriorate

 via Bloomberg

The BDEW, which represents Germany’s main gas and electricity suppliers, said it can’t rule out disruptions to supplies after Russian President Vladimir Putin demanded payment in rubles, according to a statement on its website. It called on Germany to issue an early warning, which would need to be coordinated at the European level, it said.

“There are concrete and serious indications that the gas supply situation is about to deteriorate,” said Kerstin Andreae, BDEW’s chairwoman. “With Putin’s announcement that future gas deliveries will have to be paid for in rubles, an impact on gas deliveries cannot be ruled out.”

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