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Israeli media platform: The Degel HaTorah party, which has four members in the Knesset, announces its withdrawal from Netanyahu's cabinet.
Local Syrian sources: The raids targeted the road between the village of Al-Mazra'a and the city of Sweida, where forces and factions affiliated with the Syrian Ministry of Defense are advancing.
Local Syrian sources: New raids carried out by Israeli warplanes targeted vehicles and gatherings of military factions affiliated with the new Syrian Ministry of Defense.
Local Syrian sources: Israeli raids target, for the third time, gatherings of Syrian Defense Forces military factions in the southern countryside of Sweida.
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The Israeli Walla! website: We are running out of stockpiles, our forces are exhausted, and the lives of the captives are in danger. It is time for a ceasefire deal in Gaza.
Several wounded in an Israeli bombardment of a tent in al-Mawasi, south of Khan Younis in the Gaza Strip.
Israeli media: Three wounded, three killed in an ongoing operation in the Gaza Strip.
Al Mayadeen's correspondent in southern Lebanon: Israeli artillery shelling targets the outskirts of the town of Shebaa
Al-Qassam Brigades: The targeting took place at the intersection of 'Street 5' with the western line north of Khan Younis

Berlin takes control of Russian energy Giant Rosneft in Germany

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Sep 2022 11:06
  • 5 Shares
3 Min Read

Germany is taking control of Russian companies on its territories as the German economy staggers under the weight of the self-imposed sanctions-induced energy crisis.

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  • Lignite Power Plant in Neurath, Germany (Shutterstock)
    Lignite Power Plant in Neurath, Germany (Shutterstock)

The German government announced on Friday that it was taking control of the German operations of Russian energy firm Rosneft in a bid to secure energy supplies affected by the European sanctions on Russia in the wake of the Ukraine war.

Germany placed the German subsidiaries of Rosneft under the trusteeship of the Federal Network Agency, the economy ministry said in a statement.

"The trust management will counter the threat to the security of energy supply," it said, as Rosneft's subsidiaries make up around 12% of the country's oil refining capacity.

The companies affected by the decision are Rosneft Deutschland GmbH (RDG) and RN Refining & Marketing GmbH (RNRM), in addition to PCK Schwedt, MiRo, and Bayernoil, all of which are refineries.

PCK Schwedt, in particular, is highly vital for Germany, as it supplies around 90% of the oil consumed in Berlin and its vicinity, including the Berlin-Brandenburg international airport.

By circumventing their own sanctions aimed at punishing Russia for the Ukraine war, Berlin taking control of the sites allows it to continue operating the refineries using crude from countries other than Russia.

Germany, like the rest of Europe, has been struggling in light of the meager amount of Russian energy making it to the continent due to the sanctions, prompting various measures from local governments and the European Commission to try and tackle the spiraling energy crisis.

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The European Commission had prepared suggestions on measures aimed at tackling soaring energy prices to be discussed by the energy ministers of the bloc’s member states. The suggestions include the proposal to introduce a price cap on Russian natural gas.

However, the bloc failed to agree on the cap, Hungarian Minister of Foreign Affairs Peter Szijjarto revealed Friday.

EU chief Ursula von der Leyen proposed that the bloc's 27 nations agree on placing a price cap on Russian gas imports.

Von der Leyen's decision comes as a means of imposing further sanctions on Russia as the West looks for more means of punishing the country over the war in Ukraine.

13 EU nations have either ceased getting Russian gas entirely or are only receiving a portion of it due to the temporary blockage of the Nord Stream 1 pipeline, the Russian TASS news agency reported last week.

Surging costs of power linked to gas prices have already stunted the production of various industries, such as fertilizers and aluminum manufacturers, and prompted EU governments to increase their spending by billions in order to help their citizens.

Italy and Germany are now the two largest European countries most exposed to a gas supply shock due to their extensive use of natural gas and significant reliance on Russia, according to S&P Global Ratings.

About 60% of Germany's natural gas supply was piped in from Russia in 2020, primarily under long-term contracts.

  • Energy crisis
  • Europe
  • Ursula von der Leyen
  • Russia
  • Germany
  • Berlin
  • Ukraine
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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