The positive impact of rising world oil prices on the Russian economy would outweigh the negative effect of Washington's sanctions, it said. Meanwhile, the official figures from the Federal Statistics Office showed that Europe's largest economy, Germany, slowed sharply in 2018. It grew by percent last year, its slowest rate since 2013.
Germany is preparing one of its biggest sustained increases in natural gas consumption in almost two decades, regardless of admonitions that it shouldn't draw so much of its energy from Russia.
Apr 25, 2019· Germany oil industry: Supply sufficient despite Russian pipeline halt Inventories at the big refinery in Schwedt, in eastern Germany near the pipeline, were well equipped, he said, and the potential release of oil stocks from Germany's strategic reserves were currently not an issue for discussion REUTERS | April 25, 2019, 16:54 IST
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