Despite the tense situation on the border between Ukraine and Russia, the Hamburg Institute for World Economics (HWWI) does not anticipate any supply problems with natural gas. “Not only Germany is dependent on Russian gas, but Russia is also dependent on the proceeds,” said HWWI energy expert Claudia Wellenreuther. So far, the gas supplies have been delivered as ordered.
According to HWWI information, the Federal Republic obtains more than 50 percent of the natural gas it needs from Russia. “There is definitely a dependency,” said Wellenreuther. But one can also observe that more natural gas is already being delivered from the USA. The difficulty here is the transport and the capacities. “And there is the question of whether the high demand can really be covered by the USA in the short term,” said Wellenreuther.