
-
Trump says would be 'stupid' to reject Qatari Air Force One gift
-
Uruguay's ex-president Mujica receiving palliative care: wife
-
Remainder of IPL to be held between May 17-June 3 after ceasefire
-
Hamas frees US-Israeli hostage
-
Trump defends resettling white South Africans as refugees in US
-
Sean 'Diddy' Combs was 'coercive and criminal,' jury hears
-
Nazi files found in champagne crates in Argentine court basement
-
Myanmar junta airstrike kills 22 at school: witnesses
-
Zelensky wants Trump at peace talks, Russia silent on whether Putin will go
-
Ground-breaking Grand National winner Blackmore retires
-
Trump heads on major Middle East tour
-
Nepal holds tribute for disappearing glacier
-
Sinner eases into Italian Open last 16, Osaka dumped out
-
Real Madrid duo Vinicius, Vazquez injured
-
Indian PM Modi vows strong response to any future 'terrorist attack'
-
Opening statements start in Sean 'Diddy' Combs trial
-
Snow cover of Swiss glaciers below average this year: study
-
Jihadist attack kills 'several dozen' in Burkina Faso
-
Ancelotti to leave Real Madrid for Brazil job
-
Trump announces drug prices cut with swipe at Europe
-
Ancelotti exits Madrid, hoping to add World Cup with Brazil
-
US, China agree to slash tariffs as Trump says to speak with Xi soon
-
Ancelotti to take over as Brazil coach
-
Israel urges ICC to drop arrest warrants against PM
-
Poland to close Russian consulate in Krakow over 'sabotage'
-
Kremlin rejects Europe's 'ultimatums' for truce with Ukraine
-
Ireland rugby captain Doris ruled out for up to six months
-
Algerian attack survivor vows to be heard in court battle with award-winning author
-
Europa League glory could be 'turning point' for Spurs: Postecoglou
-
White S.Africans resettled in US did not face 'persecution': govt
-
Gaza faces 'critical risk of famine': UN report
-
Indian teams defuse bombs in Kashmir border areas
-
Kim Kardashian testifies in Paris multi-million-dollar robbery trial
-
Alexander-Arnold exit will not overshadow Liverpool title party: Van Dijk
-
Osaka knocked out of Italian Open as fans await Sinner
-
France condemns 'fake news' over Europe leaders' cocaine accusation
-
Indian PM Modi set to address nation after Pakistan truce
-
With Israel ties on the table, UAE offers Saudis an example
-
UK urges Putin to 'get serious about peace'
-
Leicester Tigers name Parling to replace Cheika as head coach
-
UK govt toughens immigration plans as hard-right gains
-
Markets rally after China, US slash tariffs
-
Leo XIV urges release of jailed journalists as Zelensky invites to Ukraine
-
Film legend Bardot backs Depardieu ahead of sexual assault verdict
-
Mbappe shows fallen Real Madrid new road to riches
-
Drones hit Ukraine as Zelensky awaits Putin reply on talks
-
Indian great Kohli follows Rohit in retiring from Test cricket
-
UK hosts European ministers for Ukraine talks amid ceasefire call
-
Copenhagen to offer giveaways to eco-friendly tourists
-
Ocalan: founder of the Kurdish militant PKK who authored its end
RBGPF | 3.48% | 65.27 | $ | |
SCS | 3.77% | 10.87 | $ | |
BCC | 5.11% | 93.39 | $ | |
CMSC | 0.5% | 22.17 | $ | |
GSK | 1.64% | 37.23 | $ | |
BTI | -1.75% | 40.923 | $ | |
RELX | -4.32% | 51.62 | $ | |
AZN | 1.77% | 68.785 | $ | |
NGG | -4.4% | 67.71 | $ | |
RIO | 2.33% | 61.41 | $ | |
BCE | -1.32% | 22.415 | $ | |
RYCEF | -1.35% | 10.36 | $ | |
JRI | -0.31% | 12.94 | $ | |
CMSD | 0.03% | 22.347 | $ | |
BP | 1.31% | 30.165 | $ | |
VOD | -2.59% | 9.065 | $ |

Germany begins slow move away from Russian gas after Ukraine invasion
The invasion of Ukraine has thrown Germany's problematic dependence on Russian gas into stark relief, forcing Europe's largest economy to urgently reshape its energy mix.
In a previously unthinkable step for Chancellor Olaf Scholz's young government, the crisis even has politicians considering delaying Germany's planned exit from nuclear energy and coal to keep the lights on.
"We will change course to overcome our import dependence," Scholz said Sunday at an extraordinary session of the Bundestag, or lower house of parliament, on the Ukraine crisis.
The decision represents a massive and expensive reversal for the government which has banked on Russia to secure its energy needs over the past two decades.
With Russia increasingly isolated internationally as a result of economic sanctions over Ukraine, Berlin can no longer rely on Moscow to keep supplying over half of the country's gas.
While energy supplies have largely been exempted from the West's response, policymakers still needed to "prepare for a scenario" where Russia "stops gas deliveries", Finance Minister Christian Lindner said on Tuesday.
- Liquefied gas -
Initially, Germany hopes to substitute Russian supplies with larger deliveries of liquefied natural gas (LNG), a super-chilled form of the fuel, which can be imported by sea from producers such as the United States or Qatar.
The German government made a splash in the LNG market on Wednesday by announcing it was earmarking 1.5 billion euros ($1.7 billion) for the fuel.
But Germany lacks the infrastructure to absorb huge new supplies, with no LNG terminals along its coast where tankers can dock.
Their absence means it will have to import supplies through one of the European Union's 21 other terminals, a costly solution at a time when energy prices are soaring.
"Germany must build its own LNG terminals with the necessary connections and infrastructure," the economy ministry concluded last week.
A number of projects, which had stalled because of a lack of political and financial backing, could also receive "public support", the ministry said.
In the northern town of Stade, on the Elbe, the construction process for one project is about to get under way.
"The technical assessments are complete," Hanseatic Energy Hub, the company behind the project, told AFP.
Meanwhile, in Wilmershaven, on the North Sea coast, the Belgian group TES is also planning to build a facility.
The terminals could, however, take some time to come online. "The approval process takes minimum three years, and two for construction," Karen Pittel, energy expert at the Ifo institute think-tank, told AFP.
- Climate objectives -
The narrow room for manoeuvre has cast doubt over Germany's ambitious timetable for its transition towards renewable energy.
Germany's governing coalition of the Social Democrats, the Greens and the liberal FDP, in office since December, had promised an earlier exit from coal in 2030 and maintained Angela Merkel's decision to exit nuclear by the end of 2022.
Paradoxically, natural gas was to play a crucial bridging role in the planned green shift, providing a ready energy supply when the wind is still or the sun does not shine -- at least until the technology to store the energy produced by renewables catches up.
"There are no more taboos," Economy and Climate Minister Robert Habeck declared recently. "In the short term, we may need to hold coal power plants in reserve out of caution," he said.
The Green party minister likewise did not rule out pushing back the closure of the country's last three operational nuclear power plants.
The government would, however, face significant challenges were it to pursue the nuclear option. "You cannot just extend a nuclear plant you have decided to close like that," energy expert Pittel said.
There were "extremely high hurdles, on a technical and administrative level" to keep the plants going, the plant operator RWE told German daily Handelsblatt.
Th.Berger--AMWN