BASF did not see an opportunity to quickly replace gas from Russia

. 50% of German gas comes from RUSSIA, while there is nothing to replace these volumes, the petrochemical concern claims. They suggested that they would reduce production if the embargo on Russian gas was sharp

Russia supplies Germany with half of all the gas the country needs, and so far these volumes cannot be replaced by gas from other sources, Izvestia writes with reference to the press service of the German petrochemical company BASF.

“Currently, all BASF European sites are supplied with natural gas in line with demand. Russia supplies 30–40% of imported gas to the EU and 50% to Germany. And these volumes cannot be replaced at present, ”they explained.

BASF also noted that in the event of a quick refusal of Germany from Russian gas, the company would have to reduce overall consumption and production.

The German Federal Ministry for Economics and Climate Protection told the newspaper that the country's gas storage facilities are now 29% full.

In Germany, they announced the impossibility of abruptly abandoning Russian gas Politics

At the end of March, Germany introduced the first of three levels of the emergency warning regime in gas supply due to possible interruptions in supplies from Russia. Under the first level, gas consumption is reduced as much as possible, and the authorities constantly monitor the situation on the gas market.

The first regime is introduced when there are "concrete, serious and reliable" signs of an impending deterioration in the gas supply situation. If they are justified, the second regime is introduced. The third mode assumes that a serious disruption of the gas supply has occurred.

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In early April, the HEAD of BASF, Martin Brudemüller, argued that stopping gas supplies from Russia could lead to the worst crisis in the German economy since the end of World War II. In his opinion, the existence of many small enterprises may be threatened. Brudemüller estimated the timeframe for phasing out Russian gas at four to five years if Germany “hurries up.”

Spiegel, citing a memorandum from Vice Chancellor and Economy Minister Robert Habek, wrote that Berlin intends to achieve almost complete independence from gas from Russia by the summer of 2024.

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