Tag: energy

  • Who blew up Nord Stream?

    Who blew up Nord Stream?

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    Nearly six months on from the subsea gas pipeline explosions, which sent geopolitical shockwaves around the world in September, there is still no conclusive answer to the question of who blew up Nord Stream.

    Some were quick to place the blame squarely at Russia’s door — citing its record of hybrid warfare and a possible motive of intimidation, in the midst of a bitter economic war with Europe over gas supply.

    But half a year has passed without any firm evidence for this — or any other explanation — being produced by the ongoing investigations of authorities in three European countries.

    Since the day of the attack, four states — Russia, the U.S., Ukraine and the U.K. — have been publicly blamed for the explosions, with varying degrees of evidence.

    Still, some things are known for sure.

    As was widely assumed within hours of the blast, the explosions were an act of deliberate sabotage. One of the three investigations, led by Sweden’s Prosecution Authority, confirmed in November that residues of explosives and several “foreign objects” were found at the “crime scene” on the seabed, around 100 meters below the surface of the Baltic Sea, close to the Danish Island of Bornholm.

    Now two new media reports — one from the New York Times, the other a joint investigation by German public broadcasters ARD and SWR, plus newspaper Die Zeit — raised the possibility that a pro-Ukrainian group — though not necessarily state-backed — may have been responsible. On Wednesday, the German Prosecutor’s Office confirmed it had searched a ship in January suspected of transporting explosives used in the sabotage, but was still investigating the seized objects, the identities of the perpetrators and their possible motives.

    In the information vacuum since September, various theories have surfaced as to the culprit and their motive:

    Theory 1: Putin, the energy bully

    In the days immediately after the attack, the working assumption of many analysts in the West was that this was a brazen act of intimidation on the part of Vladimir Putin’s Kremlin.

    Mykhailo Podolyak, an adviser to Volodymyr Zelenskyy, spelt out the hypothesis via his Twitter feed on September 27 — the day after the explosions were first detected. He branded the incident “nothing more [than] a terrorist attack planned by Russia and act of aggression towards the EU” linked to Moscow’s determination to provoke “pre-winter panic” over gas supplies to Europe.

    Polish Prime Minister Mateusz Morawiecki also hinted at Russian involvement. Russia denied responsibility.

    The Nord Stream pipes are part-owned by Russia’s Gazprom. The company had by the time of the explosions announced an “indefinite” shutdown of the Nord Stream 1 pipes, citing technical issues which the EU branded “fallacious pretences.” The new Nord Stream 2 pipes, meanwhile, had never been brought into the service. Within days of Gazprom announcing the shutdown in early September, Putin issued a veiled threat that Europe would “freeze” if it stuck to its plan of energy sanctions against Russia.

    But why blow up the pipeline, if gas blackmail via shutdowns had already proved effective? Why end the possibility of gas ever flowing again?

    Simone Tagliapietra, energy specialist and senior fellow at the Bruegel think tank, said it was possible that — if it was Russia — there may have been internal divisions about any such decision. “At that point, when Putin had basically decided to stop supplying [gas to] Germany, many in Russia may have been against that. This was a source of revenues.” It is possible, Tagliapietra said, that “hardliners” took the decision to end the debate by ending the pipelines.

    Blowing up Nord Stream, in this reading of the situation, was a final declaration of Russia’s willingness to cut off Europe’s gas supply indefinitely, while also demonstrating its hybrid warfare capabilities. In October, Putin said that the attack had shown that “any critical infrastructure in transport, energy or communication infrastructure is under threat — regardless of what part of the world it is located” — words viewed by many in the West as a veiled threat of more to come.

    Theory 2: The Brits did it

    From the beginning, Russian leaders have insinuated that either Ukraine or its Western allies were behind the attack. Kremlin spokesman Dmitry Peskov said two days after the explosions that accusations of Russian culpability were “quite predictable and predictably stupid.” He added that Moscow had no interest in blowing up Nord Stream. “We have lost a route for gas supplies to Europe.”

    Then a month on from the blasts, the Russian defense ministry made the very specific allegation that “representatives of the U.K. Navy participated in planning, supporting and executing” the attack. No evidence was given. The same supposed British specialists were also involved in helping Ukraine coordinate a drone attack on Sevastopol in Crimea, Moscow said.  

    The U.K.’s Ministry of Defence said the “invented” allegations were intended to distract attention from Russia’s recent defeats on the battlefield. In any case, Moscow soon changed its tune.

    Theory 3: U.S. black ops

    In February, with formal investigations in Germany, Sweden and Denmark still yet to report, an article by the U.S. investigative journalist Seymour Hersh triggered a new wave of speculation. Hersh’s allegation: U.S. forces blew up Nord Stream on direct orders from Joe Biden.

    The account — based on a single source said to have “direct knowledge of the operational planning” — alleged that an “obscure deep-diving group in Panama City” was secretly assigned to lay remotely-detonated mines on the pipelines. It suggested Biden’s rationale was to sever once and for all Russia’s gas link to Germany, ensuring that no amount of Kremlin blackmail could deter Berlin from steadfastly supporting Ukraine.

    Hersh’s article also drew on Biden’s public remarks when, in February 2022, shortly before Russia’s full-scale invasion, he told reporters that should Russia invade “there will be no longer Nord Stream 2. We will bring an end to it.”

    The White House described Hersh’s story as “utterly false and complete fiction.” The article certainly included some dubious claims, not least that NATO Secretary General Jens Stoltenberg has “cooperated with the American intelligence community since the Vietnam War.” Stoltenberg, born in 1959, was 16 years old when the war ended.

    Russian leaders, however, seized on the report, citing it as evidence at the U.N. Security Council later in February and calling for an U.N.-led inquiry into the attacks, prompting Germany, Denmark and Sweden to issue a joint statement saying their investigations were ongoing.

    Theory 4: The mystery boatmen

    The latest clues — following reports on Tuesday from the New York Times and German media — center on a boat, six people with forged passports and the tiny Danish island of Christiansø.

    According to these reports, a boat that set sail from the German port of Rostock, later stopping at Christiansø, is at the center of the Nord Stream investigations.

    Germany’s federal prosecutor confirmed on Wednesday that a ship suspected of transporting explosives had been searched in January — and some of the 100 or so residents of tiny Christiansø told Denmark’s TV2 that police had visited the island and made inquiries. Residents were invited to come forward with information via a post on the island’s Facebook page.

    Both the New York Times and the German media reports suggested that intelligence is pointing to a link to a pro-Ukrainian group, although there is no evidence that any orders came from the Ukrainian government and the identities of the alleged perpetrators are also still unknown.

    Podolyak, Zelenskyy’s adviser, tweeted he was enjoying “collecting amusing conspiracy theories” about what happened to Nord Stream, but that Ukraine had “nothing to do” with it and had “no information about pro-Ukraine sabotage groups.”

    Meanwhile, Germany’s Defense Minister Boris Pistorius warned against “jumping to conclusions” about the latest reports, adding that it was possible that there may have been a “false flag” operation to blame Ukraine.

    The Danish Security and Intelligence Service said only that their investigation was ongoing, while a spokesperson for Sweden’s Prosecution Authority said information would be shared when available — but there was “no timeline” for when the inquiries would be completed.

    The mystery continues.



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    ( With inputs from : www.politico.eu )

  • HomeMate WiFi + BLE Smart Plug Socket 16A (Pack of 1), With Energy Monitoring, Type – M, Suitable for Heavy Duty appliances like heater, geyser, ac , etc, Works with Amazon Alexa and Google home (Type D – 16A, Pack of 1)

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  • House GOP readies its first big agenda push: A massive energy bill

    House GOP readies its first big agenda push: A massive energy bill

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    “Everybody will have a little different perspective. But when you want to attack inflation in this country, it starts with an all-of-the-above energy policy, and I think that will be the more unifying thing,” said House Majority Whip Tom Emmer (R-Minn.).

    While each of the 20 or so bills getting united for the House package has broad support in committee, senior Republicans are still deciding how exactly to maneuver on the floor. While conservatives have demanded a kind of “open season” for amendments, GOP leaders sense that could be a risky strategy for such a high-stakes bill — one that’s likely to be a key plank in their 2024 platform. They’re still undecided on whether to allow a so-called “open rule,” according to multiple lawmakers and aides.

    “That’s the five-vote majority problem,” said Rep. Kelly Armstrong (R-N.D.), noting that the GOP has already seen energy issues like offshore drilling pit cause intra-party tension on the floor — most recently pitting drill-skeptical Florida Republicans against their colleagues. “If you have a delegation that has a problem, you have a bill problem.”

    The big energy package has long been atop the GOP’s agenda, not all of which has gone smoothly after a dragged-out speaker’s race and slow start to legislating. While House Majority Leader Steve Scalise (R-La.) had pledged to bring up bills on the southern border, criminal justice and abortion insurance restrictions within the first two weeks of the new majority, those bills have all stalled amid resistance within the conference.

    And there’s another big reason House Republicans are relishing the chance to bring this to the floor. It’s considered their opening bid on the wonky yet critical issue of energy permitting — a rare policy area that both parties believe could lead to a bipartisan deal that President Joe Biden’s willing to sign.

    They know that their package’s pro-fossil-fuel proposals and its targeting of Biden’s progressive climate policies are unlikely to garner bipartisan support, but GOP lawmakers hope the permitting plank in particular represents an aggressive starting point for negotiations with Senate Democrats. Perhaps their most politically vulnerable centrist, Sen. Joe Manchin (D-W.Va.), watched his permitting reform plan fall short last year even as his party controlled both the House and Senate.

    “The dynamics of the last Congress, with Manchin leading it, weren’t really conducive to getting something done. And this approach of doing something that originates in the House is a better start,” said Rep. Garret Graves (R-La.), a McCarthy ally and party leader on energy issues.

    Graves crafted the main permitting measure in the House GOP package, which would overhaul rules for reviews conducted under the National Environmental Policy Act — a bedrock environmental law adopted in 1970 — for energy infrastructure, be it pipelines or wind turbines.

    Manchin had demanded his party attempt to pass a similar effort but failed thanks in part to Republicans who were peeved by his support for Democrats’ party-line tax, health care and climate bill.

    From his perch atop the Energy Committee, Manchin is still joining with the White House to press for a congressional permitting modernization that would, they say, help companies take full advantage of the hundreds of billions of dollars in subsidies that the party-line deal devoted to expanding clean energy.

    “I wouldn’t expect their [Republicans’] first bill to be something the Democrats could support,” said Rep. Scott Peters (D-Calif.), a centrist who is talking to House Republicans about permitting. “It is true we have an interest, as climate action advocates, to move things along in a way I am not sure the current law accommodates.”

    Most of the rest of Republicans’ legislative package, though, is dead on arrival in the Senate. Instead, it serves mostly political purposes for a GOP that hammered the issue for months during the midterm campaign.

    The effort follows components of a broader energy strategy that McCarthy released last summer, calling for measures to stimulate oil and gas production, ease permitting regulations and reduce reliance on China for critical materials used in green energy technologies.

    McCarthy’s strategy stemmed from an “energy, climate, and conservation task force” he created ahead of the midterms, chaired by Graves, that incorporated legislative ideas from across the conference. That work drew support from leaders of key committees, including Reps. Cathy McMorris Rodgers (R-Wash.) of Energy & Commerce, Bruce Westerman (R-Ark.) of Natural Resources, Frank Lucas (R-Okla.) of Science, and Sam Graves (R-Mo.) of Transportation and Infrastructure.

    “It’s energy security, it’s domestic production, and it’s inflation,” Westerman said. “It’s all of the above energy.”

    The GOP effort, notably, started off at least partly with climate change in mind, as McCarthy recognized the political liability that his party faces on an issue which animates young voters on both sides of the aisle.

    But in the aftermath of Russia’s invasion of Ukraine, which spiked oil and natural gas prices, most Republicans are downplaying elements of their forthcoming package that could potentially boost clean energy and help address climate change. Instead, Republicans are arguing that Democratic climate policies have stoked inflation by slowing oil and gas production — even though output of both has climbed under Biden.

    “Their agenda is just all in for the polluters and Big Oil,” said Rep. Kathy Castor (D-Fla.), who led the Select Climate Crisis Committee last Congress alongside Graves (Republicans have since disbanded it). “There is such dissonance there. It’s confusing, to say the least.”

    Republicans counter that their agenda — promoting production and export of all forms of energy, including renewables and other carbon-free sources — makes more sense since Russia’s continental aggression underscored the importance of maintaining ample supplies of oil and gas even as the world transitions off fossil fuels.

    “It’s a really good time to merge energy and climate policy with rational approaches to being cleaner,” said Rep. John Curtis (R-Utah), who chairs the nearly 80-member Conservative Climate Caucus. “Before, maybe the whole conversation was on being clean. Now, it’s about being affordable, reliable, safe, and clean. That’s a good nexus for a lot of us.”



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    ( With inputs from : www.politico.com )

  • Iran pledges more access for nuclear inspectors, head of UN watchdog says

    Iran pledges more access for nuclear inspectors, head of UN watchdog says

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    Iran pledged to re-install monitoring equipment at its nuclear facilities and to assist an investigation into uranium traces detected at undeclared sites, the head of the U.N.’s nuclear agency said Saturday after a visit to Tehran.

    Rafael Mariano Grossi, director general of the International Atomic Energy Agency, met with Iranian President Ebrahim Raisi and other top officials in Tehran on Saturday.

    “Over the past few months, there was a reduction in some of the monitoring activities” related to cameras and other equipment “which were not operating,” Grossi told reporters upon his return to Vienna. “We have agreed that those will be operating again.”

    A joint statement issued on Saturday by the IAEA and Iran’s nuclear agency included assurances that Tehran would address long-standing complaints about access to its disputed nuclear program. But the text went into little detail, and similar promises by Iran have yielded little in the past.

    “Iran expressed its readiness to continue its cooperation and provide further information and access to address the outstanding safeguards issues,” according to the joint statement.

    “These are not words. This is very concrete,” Grossi said of the assurances he received in Tehran, the Associated Press reported.

    The visit to Iran followed a recent report from the IAEA, seen by CNN and other media, that confirmed that uranium particles enriched to 83.7 percent purity, close to the 90 percent needed to make a nuclear bomb, were found at an Iranian nuclear site. The report raised concerns that Tehran was speeding up its enrichment.

    Grossi said the Iranians had agreed to increase inspections at that site by 50 percent, the AP reported.  

    Iran also will allow the re-installation of extra monitoring equipment that had been put in place under the 2015 nuclear deal, but then removed last year as the agreement fell apart, Reuters reported.

    The 2015 deal gave Tehran relief from most international sanctions as long as it allowed the U.N. watchdog to monitor its nuclear activities. But it began to unravel after the U.S.’s unilateral withdrawal in 2018 under then-President Donald Trump.

    Iran also “will allow the IAEA to implement further appropriate verification and monitoring activities,” according to Saturday’s joint statement. “Modalities will be agreed between the two sides in the course of a technical meeting which will take place soon in Tehran,” it said.

    Grossi said there was a “marked improvement” in his dialogue with Iranian officials, according to the AP. “I hope we will be seeing results soon. We will see.”



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    #Iran #pledges #access #nuclear #inspectors #watchdog
    ( With inputs from : www.politico.eu )

  • DeSantis, Pence allies launching campaign to speed energy approvals

    DeSantis, Pence allies launching campaign to speed energy approvals

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    The effort underscores the importance that Republicans and their corporate allies have placed on using their narrow House majority to fast-track energy projects — even as leading members of the party wage vocal fights on issues such as Chinese surveillance and investigations into Biden’s family. But to pass the Senate, they will need support from Democrats, including those facing tough reelection fights in 2024.

    The group is pitching its plan as a bipartisan play to both lower energy prices and quickly build clean power projects to meet Biden’s climate goals.

    “I’m not naive to think it’s going to break through where some of the cultural issues are inside Republican debates right now, but I do think it’s an important one for our economy and for the conversation to be had,” Marc Short, the former chief of staff to Pence, told POLITICO. “The permitting reform will highlight what we think are the failures of this administration and the Democratic Congress on energy policy.”

    Phil Cox, a consultant to DeSantis’ emerging 2024 campaign, is also spearheading the new effort, dubbed “Building a Better America.” Cox is also a former executive director of the Republican Governors Association.

    The new group’s leader is Bill Koetzle, a former Chevron and American Petroleum Institute lobbyist who also worked for Republicans on the House Energy and Commerce Committee, as well as for former House Speaker Dennis Hastert.

    Neither DeSantis nor Pence is personally involved in the effort.

    So far, the group has raised $2 million, and Short said it has a targeted budget of $10 million, but will ask its corporate and industry backers for more if needed. It plans to use that money for paid media, events and grassroots efforts in local districts to help pressure Congress to pass legislation.

    As a 501(c)(4) operation — a tax-exempt organization for promoting social welfare — the new group can raise unlimited funds and is not required to disclose its donors. Short and Koetzle declined to name the source of its funding.

    Also involved in the effort is Jonathan Kott, a former chief of staff to Manchin — the lead Democratic voice in favor of changing permitting laws. Kott is a partner at the lobbying firm Capitol Counsel.

    Tim Chapman, a senior adviser to the Pence-founded advocacy group Advancing American Freedom and a principal at Cox’s public affairs firm P2 Public Affairs, will also play a key role. Katie Miller, Pence’s former communications director, will run the press operation.

    “This truly bipartisan effort will help America once again lead the next century in reliable, affordable and clean energy,” Kott said in a statement. “We need an all-of-the-above approach to meet our climate goals and power our economy.”

    House Republicans have indicated they plan to pass legislation next month to reshape permitting procedures. Manchin has said he wants to continue working on the issue in the Senate after his bid to pass a bill faltered last winter.

    It’s unclear, though, how much Democratic involvement House Republicans want in their legislative push. That could have ramifications for how the Senate engages with any House-passed measure.

    “You’re going to see how leadership allows that process to play out through the committee,” Short said. “I think the industry is behind us encouraging a wide swath of these reforms that all feel like they incrementally move the process forward.”

    Short and Koetzle said their campaign is similar to an effort that backed the creation of the revised United States-Mexico-Canada trade agreement during former President Donald Trump’s administration. As a 501(c)(4), they said, it is not overtly partisan.

    Yet some of the lawmakers the group intends to target with its messaging carry clear 2024 implications: Among them are Democratic Rep. Elissa Slotkin of Michigan, a candidate to replace retiring Democratic Sen. Debbie Stabenow; and Sens. Jon Tester (D-Mont.), Jacky Rosen (D-Nev.) and Kyrsten Sinema, the Arizona independent who caucuses with Democrats, all of whom are up for reelection next year.

    “It is hopefully applying the right pressure that makes sure they vote the right ways that accomplish permitting reform — but if they don’t, then there’s also a cost to them with their voters,” Short said. “That’s not necessarily electing a Republican, but it is acknowledging that there is a cost for them, particularly because they’re in a swing district.”

    Other lawmakers on the effort’s shortlist include Democrats whose districts Trump won in 2020: Reps. Mary Peltola of Alaska, Jared Golden of Maine and Marcy Kaptur of Ohio.

    Lawmakers in other tight districts are part of the group’s plan, too, such as Democratic Reps. Chris Pappas of New Hampshire, Frank Mrvan of Indiana, Greg Landsman of Ohio, Gabe Vasquez of New Mexico and Sharice Davids of Kansas.

    Swing states pivotal to the 2024 presidential contest such as Nevada, Arizona, Colorado and Pennsylvania will attract much of the campaign’s attention. The initial list of targets includes Reps. Greg Stanton (D-Ariz.), Brian Fitzpatrick (R-Pa.), Susan Wild (D-Pa.), Dina Titus (D-Nev.), Steven Horsford (D-Nev.) and Susie Lee (D-Nev.), as well as Sens. Mark Kelly (D-Ariz.), Michael Bennet (D-Colo.), John Hickenlooper (D-Colo.) and Catherine Cortez Masto (D-Nev.).

    The small number of Republicans on the list includes Sens. Todd Young of Indiana and Kevin Cramer of North Dakota, along with Reps. Marc Molinaro and Andrew Garbarino of New York, Tom Kean of New Jersey and Don Bacon of Nebraska.

    Lawmakers of both parties have acknowledged it takes too long to build major infrastructure and energy projects.

    Some Democrats worry that these delays risk squandering $550 billion in new spending that Congress provided in the bipartisan infrastructure law and the $369 billion in clean energy and manufacturing incentives from the Democrat-passed Inflation Reduction Act, H.R. 5376 (117).

    A handful of Senate Democrats voiced support for Manchin’s permitting focus during the last Congress out of concern that existing permitting rules would keep billions of dollars of projects on the sidelines and prevent the United States from achieving Biden’s goal of slashing the nation’s greenhouse gas pollution by the end of this decade. But progressive Democrats have rejected both Manchin’s plan and Republican proposals, which they say would weaken communities’ ability to weigh in on new developments and would greenlight new fossil fuel projects.

    Republicans, meanwhile, want to quicken the pace for building roads, energy pipelines and mines for rare earth minerals used in batteries and facilities for producing cleaner fuels like hydrogen. They see the effort as a buttress for national energy security and a way to limit the influence of China and Russia over global supply chains.

    “This is not just an oil sector plan,” Koetzle said. “This is a program for anybody who’s interested in building something in this country.”

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    #DeSantis #Pence #allies #launching #campaign #speed #energy #approvals
    ( With inputs from : www.politico.com )

  • Energy |  Has the electricity price base been seen?  The cheapest fixed-term contract costs a good 11 cents

    Energy | Has the electricity price base been seen? The cheapest fixed-term contract costs a good 11 cents

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    The contract, valid for the time being, now costs just over 12 cents per kilowatt hour at its lowest.

    Long the continued decrease in the price of fixed-term electricity contracts seems to have stopped. According to the Energy Agency’s price comparison of contracts, the cheapest fixed-price fixed-term contract sells electricity for 11.19 cents per kilowatt hour.

    The cheapest contract offer was also the same a week ago. The contract is sold by Vihreë älläenergia. It is biennial.

    Fixed-term electricity contracts have become cheaper for practically two months straight. For example, as recently as December 12, the cheapest contract traded electricity for 29 cents. Since then, the price per kilowatt hour has dropped by almost 18 cents.

    Based on the electricity derivatives market, it seems that electricity contracts will not necessarily get cheaper in the near future.

    Finland’s electricity futures are rather on a fine rise. Now electricity costs 10.4 cents per kilowatt-hour in the April-June futures trade in the Finnish region. The price includes 24 percent value added tax. A week ago, the price was 10.1 cents.

    The electricity future for July–September now costs 9.4 cents, while a week ago the price was 8.9 cents.

    For now The cheapest offer of the current contracts is currently 12.23 cents per kilowatt hour. The price in question is valid until the end of March.

    The contract is sold by Vihreë älläenergia. After this, the price of the contract is determined based on the Finnish price of the electricity exchange. A margin of 3.56 cents is added to the monthly average price. The consumer can terminate the contract with a notice period of two weeks.

    On the website of the Energy Agency, you can also find another offer valid until further notice, where the energy fee is less than 13 cents per kilowatt hour. The seller of the contract is Pohjois Karjalan Sähkö.

    In the contract, the seller can change the price after one month after notifying the customer. The consumer can terminate the contract with a notice period of two weeks.

    Exchange electricity the price has remained quite flat in recent weeks. During the last week, electricity has cost an average of 14.4 cents a day at its highest and just under 5 cents at its lowest.

    In February, stock exchange electricity cost an average of 8.8 cents per kilowatt hour. Exchange electricity has been cheaper at the beginning of the year than last year’s January-February average.

    #Energy #electricity #price #base #cheapest #fixedterm #contract #costs #good #cents

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    ( With inputs from : pledgetimes.com )

  • How American energy helped Europe best Putin

    How American energy helped Europe best Putin

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    U.S. companies provided 50 percent of Europe’s liquefied natural gas supplies in 2022, along with 12 percent of its oil. Russian oil and gas shipments to the continent have shriveled by half, beset by boycotts, sanctions and an EU price cap. Global oil and gas trade routes have been redrawn and renewable energy development has received a massive financial and political shot in the arm.

    The turnabout has put a new spotlight on the United States’ role as the world’s biggest energy producer, whose foothold in Asia has also strengthened in the past year. At the same time, the EU and the Biden administration are working more closely together to develop the next generation of clean energy — one that doesn’t include Russia — a transition that will lean heavily on U.S. fossil fuel in the coming few years.

    “Europe’s energy divorce from Russia is nearly complete,” said Andrew Lipow, president of oil industry and market consulting firm Lipow Oil Associates. “We’re seeing a permanent change as far as how Europe gets its energy in the future. One result is the United States and European energy policy are going to be more closely intertwined.”

    Europe’s reaction against its largest energy supplier’s attempt to remake the map has sent shockwaves through global markets. These were felt most acutely on the continent, where electricity and natural gas prices surged as much as 15-fold, prompting governments to spend more than $800 billion to ease consumers’ financial burdens.

    The rapid reshuffling in oil and overseas gas shipments began after the February 2022 invasion and continued through the imposition of price caps on Russian shipments imposed late last year and earlier this month — shifts that will be felt for years.

    “The energy world has changed,” Sen. Lisa Murkowski (R-Alaska) said last week at an Energy and Natural Resources Committee hearing on the invasion’s aftermath. “It has changed in the here and now.”

    “It’s astonishing what’s happened,” Assistant Energy Secretary Andrew Light said at the same hearing. “This energy struggle will continue. It changes the world.”

    U.S. fossil fuel exports, particularly liquefied natural gas, played a huge role in keeping the European alliance together over the past year, said Daniel Yergin, vice chairman of S&P Global and author of “The New Map,” a book examining the geopolitics of energy. Putin had hoped to use gas as a weapon to shatter European support for Ukraine, he said, a miscalculation that so far hasn’t come to fruition.

    “The war in Ukraine has demonstrated that U.S. LNG exports are not only of economic energy importance,” Yergin said in an interview. “They’ve also now taken on a strategic importance. U.S. LNG has become one of the foundations of U.S. and European energy security, part of the replacement for Russian gas and has even become part of the arsenal of NATO.”

    The U.S. supplied Europe with half of its LNG supply last year and is expected to cement its position as a steady source of the fuel to Germany and other EU member states. Enough export facilities, particularly around the Gulf Coast, are slated to open in the next three years to nearly double export volumes to 20 percent of overall U.S. natural gas output.

    Frank Fannon, a former State Department first assistant secretary for energy resources under the Trump administration, said the decision by U.S. companies to structure their multi-year delivery contracts to allow buyers to ship the gas wherever they wanted played a major role in overcoming Russia’s switching off its pipelines. That market innovation allowed European buyers to persuade the Asian companies that held the gas contracts to reroute them toward the EU — for a price.

    “I would find it unimaginable there would be a chance of weathering the storm in Europe but for American LNG,” said Fannon, who is now managing director of energy and geopolitical advisory firm Fannon Global Advisors. “It’s absolutely inconceivable. It isn’t just the volumes of U.S. gas, but also the way that American companies have transformed the market.”

    Russia’s loss of major markets for its natural gas will continue to hurt Putin’s geopolitical influence and could have further implications for Russia, Fannon added. Moscow last year agreed to ship more natural gas to China, which is becoming one of its biggest customers for energy — a fact that may give Beijing more leverage over a Russia that’s increasingly isolated from the West, Fannon said.

    “Russia is on its way to becoming a client state of China,” Fannon said.

    In addition to the surge in gas shipments to Europe — from the U.S. as well other producers, such as Qatar — this year’s mild winter will probably help prevent a repeat of the spike in gas prices seen last year, when the benchmark in the Netherlands spiked to levels more than ten times the U.S. price. Europe’s storage started this year at more than 80 percent full, making it far easier to top them off by the time temperatures turn colder this fall.

    By itself, the United States’ relatively recent role as the world’s largest gas exporter doesn’t necessarily add geopolitical clout to the White House, said Ira Joseph, global fellow at Columbia University’s Center on Global Energy Policy. That’s because unlike its counterparts in the Middle East and other energy powerhouses, the U.S. government doesn’t have direct control over its oil and gas export industry.

    While the Biden administration publicly said it was pressing allies to divert their LNG cargoes to Europe, it’s unlikely companies in Japan or elsewhere needed much persuading given how much money could be made selling their supplies of U.S. gas to desperate European companies, Joseph said.

    “U.S. LNG is going to Europe because they’re paying a higher price,” Joseph said. “It’s not a natural gas Marshall Plan here. There’s no American Inc. exporting LNG.”

    In the oil market, U.S. crude exports rose by more than 10 percent for the first 11 months of 2022 compared with the same period of 2021, according to the most recent data from the U.S. Energy Information Administration. Shipments hit record highs in the final quarter of the year.

    Some of the increase came as global economies gained steam after pandemic supply chain disruptions began to ease. What has changed, analysts said, was that the United States was becoming a supplier of choice for European and Asian countries that were stepping away from Russia.

    At the same time, Exxon Mobil and other major U.S. oil companies are still loath to invest their bumper profits in new oil field projects, instead preferring to return money to shareholders. That’s a signal that even with Russia’s withdrawal from Europe’s oil markets, the good times for U.S. oil may eventually fade, said Morgan Bazilian, public policy professor at the Colorado School of Mines.

    “It’s sort of changed the scale of that American energy landscape,” Bazilian said. “Will it last? You’re seeing more financial responsibility, but that will not translate to a lot more oil and gas.”

    The future looks brighter for U.S. LNG exports, which actually fell in 2022 after having risen for years. An explosion in June forced Freeport LNG, the Texas company that is the country’s second-largest LNG exporter, to shut down, eliminating 20 percent of U.S. gas shipments abroad. Freeport started shipping out gas in limited quantities earlier this year.

    Europe’s growing demand for LNG has caused Germany and other EU countries to spend billions on new natural gas import terminals. That should feed demand for more U.S. natural gas at least in the short term, analysts said.

    Where LNG may have a bigger influence in Europe is in reinforcing the more traditional role the United States has had in Europe — that of military protector, said Matt Gertken, senior vice president for geopolitical strategy at BCA Research.

    “Increased European reliance on liquefied natural gas entails increased reliance on maritime trade and supply line security, wherein the U.S. Navy plays an indispensable role for Europe,” he said.

    Still, an increased flow of oil and gas east across the Atlantic may be a relatively short-term phenomenon, analysts said. Instead, Europe is accelerating development of renewable energy in a way that could lead to less need for U.S. oil and gas in the not-too-distant future.

    It has added some LNG import terminals to bring in more gas, but it is also investing heavily in hydrogen infrastructure, electric vehicles and a new generation of small, modular nuclear plants — the sorts of projects that the Biden administration has been pushing in the United States. Carbon capture technologies to remove greenhouse gases from the atmosphere — heavily promoted in Biden’s climate law — are also expected to find fertile ground in Europe.

    Countries in the European Union had planned even before the war to shift away from oil and gas in the long term. But Putin’s decision last year to turn off the Nord Stream natural gas pipelines has convinced European leaders to “supercharge” their move toward manufacturing as much of their own energy as possible, said Maroš Šefčovič, the commission’s vice president.

    “It has accelerated all our efforts in getting as much as possible from indigenous European [energy] sources, which are renewables,” Šefčovič said in an interview.

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    ( With inputs from : www.politico.com )

  • UAE willing to contribute to India’s 500-GW clean energy goal: COP28 president-designate Al Jaber

    UAE willing to contribute to India’s 500-GW clean energy goal: COP28 president-designate Al Jaber

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    New Delhi: The UAE will explore all opportunities of partnership with India to contribute to New Delhi’s high-growth-low-carbon pathway, Sultan Al Jaber, the COP28 president-designate, said on Wednesday.

    He also said the goal of limiting the global temperature increase to 1.5 degrees Celsius above pre-industrial level is “just non-negotiable”.

    Al Jaber said India is on its way to becoming the third largest economy in the world and this makes it one of the largest consumers of energy. As such, India’s sustainable development is critical not just for itself but for the whole world.

    “India’s goal of adding 500 gigawatt of clean energy in next seven years is a true and a powerful statement of intent. As one of the largest investors in renewable energy, the UAE and Masdar (renewable energy investing firm) will explore all opportunities of partnership with India to contribute to its high-growth-low-carbon pathway,” he said.
    “Keeping the goal of 1.5 (degrees Celsius) alive is just non-negotiable. And, it is also clear that we cannot continue business as usual. It simply won’t get us there,” the UAE’s climate envoy said at the World Sustainable Development Summit (WSDS) organised by The Energy and Resources Institute here.

    “We need a true, comprehensive paradigm shift in our approach to adaptation, mitigation, finance and loss and damage,” he said.

    Keeping the goal of 1.5 degrees Celsius alive means taking action to reduce greenhouse gas emissions to limit global warming 1.5 degrees Celsius from the pre-industrial level to and prevent the worst impacts of climate change.

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    ( With inputs from www.siasat.com )

  • ‘Oh my God, it’s really happening’

    ‘Oh my God, it’s really happening’

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    Voiced by artificial intelligence.

    Kaja Kallas had been dreading the call.

    “I woke at 5 o’clock,” the Estonian prime minister recalled recently. The phone was ringing. Her Lithuanian counterpart was on the line. 

    “Oh my God, it’s really happening,” came the ominous words, according to Kallas. Another call came in. This time it was the Latvian prime minister. 

    It was February 24, 2022. War had begun on the European continent. 

    The night before, Kallas had told her Cabinet members to keep their phones on overnight in anticipation of just this moment: Russia was blitzing Ukraine in an attempt to decapitate the government and seize the country. For those in Estonia and its Baltic neighbors, where memories of Soviet occupation linger, the first images of war tapped into a national terror. 

    “I went to bed hoping that I was not right,” Kallas said.

    Across Europe, similar wakeup calls were rolling in. Russian tanks were barreling into Ukraine and missiles were piercing the early morning sky. In recent weeks, POLITICO spoke with prime ministers, high-ranking EU and NATO officials, foreign ministers and diplomats — nearly 20 in total — to reflect on the war’s early days as it reaches its ruinous one-year mark on Friday. All described a similar foreboding that morning, a sense that the world had irrevocably changed.

    Within a year, the Russian invasion would profoundly reshape Europe, upending traditional foreign policy presumptions, cleaving it from Russian energy and reawakening long-dormant arguments about extending the EU eastward.

    But for those centrally involved in the war’s buildup, the events of February 24 are still seared in their memories. 

    In an interview with POLITICO, Charles Michel — head of the European Council, the EU body comprising all 27 national leaders — recalled how he received a call directly from Kyiv as the attacks began. 

    “I was woken up by Zelenskyy,” Michel recounted. It was around 3 a.m. The Ukrainian president told Michel: “The aggression had started and that it was a full-scale invasion.” 

    Michel hit the phones, speaking to prime ministers across the EU throughout the night.

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    Ursula von der Leyen and Josep Borrell speak to the press on February 24, 2022 | Kenzo Tribouillard/AFP via Getty Images

    By 5 a.m., EU foreign policy chief Josep Borrell was in his office. Three hours later, he was standing next to European Commission President Ursula von der Leyen as the duo made the EU’s first major public statement about the dawning war. Von der Leyen then convened the 27 commissioners overseeing EU policy for an emergency meeting. 

    Elsewhere in Brussels, NATO chief Jens Stoltenberg was on the phone with U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin, who were six hours behind in Washington, D.C. He then raced over to NATO headquarters, where he urgently gathered the military alliance’s decision-making body. 

    The mood that morning, Stoltenberg recalled in a recent conversation with reporters, was “serious” but “measured and well-organized.”

    In Ukraine, missiles had begun raining down in Kyiv, Odesa and Mariupol. Volodymyr Zelenskyy took to social media, confirming in a video that war had begun. He urged Ukrainians to stay calm. 

    These video updates would soon become a regular feature of Zelenskyy’s wartime leadership. But this first one was especially jarring — a message from a president whose life, whose country, was now at risk. 

    It would be one of the last times the Ukrainian president, dressed in a dove-gray suit jacket and crisp white shirt, appeared in civilian clothes.

    Europe’s 21st-century Munich moment

    February 24, 2022 is an indelible memory for those who lived through it. For many, however, it felt inevitable. 

    Five days before the invasion, Zelenskyy traveled to the Munich Security Conference, an annual powwow of defense and security experts frequented by senior politicians. 

    It was here that the Ukrainian leader made one final, desperate plea for more weapons and more sanctions, hitting out at Germany for promising helmets and chiding NATO countries for not doing enough. 

    “What are you waiting for?” he implored in the highly charged atmosphere in the Bayerischer Hof hotel. “We don’t need sanctions after bombardment happens, after we have no borders, no economy. Why would we need those sanctions then?”

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    Five days before the invasion, Zelenskyy traveled to the Munich Security Conference, where he made one final, desperate plea for more weapons and more sanctions | Pool photo by Ronald Wittek/Getty Images

    The symbolism was rife — Munich, a city forever associated with appeasement following Neville Chamberlain’s ill-fated attempt to swap land for peace with Adolf Hitler in 1938, was now the setting for Zelenskyy’s last appeal to the West.

    Zelenskyy, never missing a moment, seized the historical analogy. 

    “Has our world completely forgotten the mistakes of the 20th century?” he asked. “Where does appeasement policy usually lead to?”

    But his calls for more arms were ignored, even as countries began ordering their citizens to evacuate and airlines began canceling flights in and out of the country. 

    A few days later, Zelenskyy’s warnings were coming true. On February 22, Vladimir Putin inched closer to war, recognizing the self-proclaimed Donetsk People’s Republic and Luhansk People’s Republic in eastern Ukraine. It was a decisive moment for the Russian president, paving the way for his all-out assault less than 48 hours later.  

    The EU responded the next day — its first major action against Moscow’s activities in Ukraine since the escalation of tensions in 2021. Officials unveiled the first in what would be nine sanction packages against Russia (and counting). 

    In an equally significant move, a reluctant Germany finally pulled the plug on Nord Stream 2, the yet unopened gas pipeline linking Russia to northern Germany — the decision, made after months of pressure, presaged how the Russian invasion would soon upend the way Europeans powered their lives and heated their homes.

    Summit showdown

    As it happened, EU leaders were already scheduled to meet in Brussels on February 24, the day the invasion began. Charles Michel had summoned the leaders earlier that week to deal with the escalating crisis, and to sign off on the sanctions.  

    Throughout the afternoon, Brussels was abuzz — TV cameras from around the world had descended on the European quarter. Helicopters circled above.

    Suddenly, the regular European Council meeting of EU leaders, often a forum for technical document drafting as much as political decision-making, had become hugely consequential. With war unfolding, the world was looking at the EU to respond — and lead.

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    European leaders gathered in Brussels following the invasion | Pool photo by Olivier Hoslet/AFP via Getty Images

    The meeting was scheduled to begin at 8 p.m. As leaders were gathering, news came that Russia had seized the Chernobyl nuclear plant, Moldova had declared a state of emergency and thousands of people were pouring out of Ukraine. Later that night, Zelenskyy announced a general mobilization: every man between the ages of 18 and 60 was being asked to fight.

    Many leaders were wearing facemasks, a reminder that another crisis, which now seemed to pale in comparison, was still ever-present.

    Just before joining colleagues at the Europa building in Brussels, Emmanuel Macron phoned Putin — the French president’s latest effort to mediate with the Russian leader. Macron had visited Moscow on February 7 but left empty-handed after five hours of discussions. He later said he made the call at Zelenskyy’s request, to ask Putin to stop the war.

    “It did not produce any results,” Macron said of the call. “The Russian president has chosen war.”

    Arriving at the summit, Latvian Prime Minister Krišjānis Kariņš captured the gravity of the moment. “Europe is experiencing the biggest military invasion since the Second World War,” he said. “Our response has to be united.”

    But inside the room, divisions were on full display. How far, leaders wondered, could Europe go in sanctioning Russia, given the potential economic blowback? Countries dug in along fault lines that would become familiar in the succeeding months. 

    The realities of war soon pierced the academic debates. Zelenskyy’s team had set up a video link as missile strikes encircled the capital city, wanting to get the president talking to his EU counterparts.

    One person present in the room recalled the percolating anxiety as the video feed beamed through — the image out of focus, the camera shaky. Then the picture sharpened and Zelenskyy appeared, dressed in a khaki shirt and looking deathly pale. His surroundings were faceless, an unknown room somewhere in Kyiv. 

    “Everyone was silent, the atmosphere was completely tense,” said the official who requested anonymity to speak freely.  

    Zelenskyy, shaken and utterly focused, told leaders that they may not see him again — the Kremlin wanted him dead.

    “If you, EU leaders and leaders of the free world, do not really help Ukraine today, tomorrow the war will also knock at your door,” he warned, invoking an argument he would return to again and again: that this wasn’t just Ukraine’s war — it was Europe’s war. 

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    Black smoke rises from a military airport in Chuguyev near Kharkiv on February 24, 2022 | Aris Messinis/AFP via Getty Images

    Within hours, EU leaders had signed off on their second package of pre-prepared sanctions hitting Russia. But a fractious debate had already begun about what should come next. 

    The Baltic nations and Poland wanted more — more penalties, more economic punishments. Others were holding back. German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi aired their reluctance about expelling Russian banks from the global SWIFT payment system. It was needed to pay for Russian gas, after all. 

    How quickly that would change. 

    Sanctions were not the only pressing matter. There was a humanitarian crisis unfolding on Europe’s doorstep. The EU had to both get aid into a war zone and prepare for a mass exodus of people fleeing it. 

    Janez Lenarčič, the EU’s crisis management commissioner, landed in Paris on the day of the invasion, returning from Niger. Officials started making plans to get ambulances, generators and medicine into Ukraine — ultimately comprising 85,000 tons of aid. 

    “The most complex, biggest and longest-ever operation” of its kind for the EU, he said. 

    By that weekend, there was also a plan for the refugees escaping Russian bombs. At a rare Sunday meeting, ministers agreed to welcome and distribute the escaping Ukrainians — a feat that has long eluded the EU for other migrants. Days later, they would grant Ukrainians the instant right to live and work in the EU — another first in an extraordinary time. Decisions that normally took years were now flying through in hours.

    Looming over everything were Ukraine’s repeated — and increasingly dire — entreaties for more weapons. Europe’s military investments had lapsed in recent decades, and World War II still cast a dark shadow over countries like Germany, where the idea of sending arms to a warzone still felt verboten.

    There were also quiet doubts (not to mention intelligence assessments). Would Ukraine even have its own government next week? Why risk war with Russia if it was days away from toppling Kyiv?

    “What we didn’t know at that point was that the Ukrainian resistance would be so successful,” a senior NATO diplomat told POLITICO on condition of anonymity. “We were thinking there would be a change of regime [in Kyiv], what do we do?” 

    That, too, was all about to change. 

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    German Chancellor Olaf Scholz addressed Germany on the night of Russia’s invasion | Pool photo by Hannibal Hanschke/Getty Images

    By the weekend, Germany had sloughed off its reluctance, slowly warming to its role as a key military player. The EU, too, dipped its toe into historic waters that weekend, agreeing to help reimburse countries sending weapons to Ukraine — another startling first for a self-proclaimed peace project.

    “I remember, saying, ‘OK, now we go for it,’” said Stefano Sannino, secretary-general of the EU’s diplomatic arm. 

    Ironically, the EU would refund countries using the so-called European Peace Facility — a little-known fund that was suddenly the EU’s main vehicle to support lethal arms going to a warzone. 

    Over at NATO, the alliance activated its defense plans and sent extra forces to the alliance’s eastern flank. The mission had two tracks, Stoltenberg recounted — “to support Ukraine, but also prevent escalation beyond Ukraine.” 

    Treading that fine line would become the defining balancing act over the coming year for the Western allies as they blew through one taboo after another.

    Who knew what, when

    As those dramatic, heady early days fade into history, Europeans are now grappling with what the war means — for their identity, for their sense of security and for the European Union that binds them together. 

    The invasion has rattled the core tenets underlying the European project, said Ivan Krastev, a prominent political scientist who has long studied Europe’s place in the world.

    “For different reasons, many Europeans believed that this is a post-war Continent,” he said. 

    Post-World War II Europe was built on the assumption that open economic policies, trade between neighbors and mild military power would preserve peace. 

    “For the Europeans to accept the possibility of the war was basically to accept the limits of our own model,” Krastev argued. 

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    Ukrainian refugees gather and rest upon their arrival at the main railway station in Berlin | Odd Andersen/AFP via Getty Images

    The disbelief has bred self-reflection: Has the war permanently changed the EU? Will a generation that had confined memories of World War II and the Cold War to the past view the next conflict differently?

    And, perhaps most acutely, did Europe miss the signs? 

    “The start of that war has changed our lives, that’s for sure,” said Romanian Foreign Minister Bogdan Aurescu. It wasn’t, however, unexpected, he argued. “We are very attentive to what happens in our region,” he said. “The signs were quite clear.”

    Aurescu pointed back to April 2021 as the moment he knew: “It was quite clear that Russia was preparing an aggression against Ukraine.”

    Not everyone in Europe shared that assessment, though — to the degree that U.S. officials became worried. They started a public and private campaign in 2021 to warn Europe of an imminent invasion as Russia massed its troops on the Ukrainian border. 

    In November 2021, von der Leyen made her first trip to the White House. She sat down with Joe Biden in the Oval Office, surrounded by a coterie of national security and intelligence officials. Biden had just received a briefing before the gathering on the Russia battalion buildup and wanted to sound the alarm. 

    “The president was very concerned,” said one European official, speaking on the condition of anonymity to discuss sensitive conversations. “This was a time when no one in Europe was paying any attention, even the intelligence services.”

    But others disputed the narrative that Europe was unprepared as America sounded the alarm. 

    “It’s a question of perspective. You can see the same information, but come to a different conclusion,” said one senior EU official involved in discussions in the runup to the war, while conceding that the U.S. and U.K. — both members of the Five Eyes intelligence alliance — did have better information.

    Even if those sounding the alarm proved right, said Pierre Vimont, a former secretary-general of the EU’s diplomatic wing and Macron’s Russia envoy until the war broke out, it was hard to know in advance what, exactly, to plan for. 

    “What type of military operation would it be?” he recalled people debating. A limited operation in the east? A full occupation? A surgical strike on Kyiv?

    Here’s where most landed: Russia’s onslaught was horrifying — its brutality staggering. But the signs had been there. Something was going to happen.

    “We knew that the invasion is going to happen, and we had shared intelligence,” Stoltenberg stressed. “Of course, until the planes are flying and the battle tanks are rolling, and the soldiers are marching, you can always change your plans. But the more we approached the 24th of February last year, the more obvious it was.”

    Then on the day, he recounted, it was a matter of dutifully enacting the plan: “We were prepared, we knew exactly what to do.”

    “You may be shocked by this invasion,” he added, “but you cannot be surprised.” 



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    ( With inputs from : www.politico.eu )

  • 365 days of war in Ukraine — by the numbers

    365 days of war in Ukraine — by the numbers

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    Russia’s year-long war in Ukraine has led to thousands of casualties, millions of refugees and billions of dollars in damages to the country’s economy, environment and infrastructure.

    At home, Russian President Vladimir Putin is pushing the narrative of a just war against the West and crushing dissenting voices, while his country’s economy feels the bite of sanctions — though their effect has been more nuanced than expected. Yet, despite their proclaimed support for Ukraine, some European countries have been reluctant to cut ties with Moscow.

    Across the EU, citizens have been hurt by skyrocketing energy prices, and all the while trade flows with Russia have transformed in a matter of months.

    Here are 12 months of war summed up, in figures and charts.



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    ( With inputs from : www.politico.eu )