Gas, coal, iron… European companies are turning away from Russian raw materials

The Dutch energy supplier Eneco has announced that it will no longer conclude contracts for the supply of Russian gas and will not extend current contracts due to the invasion of Ukraine. The company’s CEO, As Tempelman, explained that these are contracts with suppliers with Russian shareholders. Currently, almost 15% of the gas sold comes from Russia.

In particular, Eneco, which is also active in Belgium, has a long-term contract with Germany’s Wingas, a subsidiary of Russia’s Gazprom, which runs until 2030.

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