German Chancellor Scholz: Not feasible today to source sufficient gas needed by Germany without Russia imports
|In a joint press conference alongside UK PM Boris Johnson on Friday, German Chancellor Olaf Scholz said that it is not possible to source the amount of gas that Germany needs without Russia, reported Reuters. However, he noted that he thought Germany would be able to substitute Russian oil imports this year, and said that Germany is optimistic that it is going to be able to end Russian gas imports (though he didn't give a time frame).
Scholz and Johnson both pledged to continue sending significant amounts of weapons to Ukraine.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.