Dutch aim to stop using Russian fossil fuels by year-end

Rob Jetten,  Minister of Climate and Energy Policy of the Netherlands

© APA | Rob Jetten, Minister of Climate and Energy Policy of the Netherlands

# 22 April 2022 18:08 (UTC +04:00)

The Netherlands plans to stop using Russian fossil fuels by the end of the year, said Minister of Climate and Energy Policy of the Netherlands Rob Jetten on Friday, vowing to spend an estimated 623 million euros ($675 million) on incentives for companies to fill a major gas storage facility, APA reports citing Reuters.

The government said it was focused on making energy savings, greener policies, and importing more energy from other countries.

"In this way, the Netherlands can completely conserve or replace the Russian share of its gas by the end of the year," it said in a statement, joining other countries in cutting back on Russian supplies in protest over Moscow's invasion of Ukraine.

About 44% of Dutch energy usage is based on gas - one of the highest rates in Europe - but only about 15% of Dutch gas comes from Russia, according to government estimates.

As part of its efforts to end reliance on Russia, the government said it would compensate companies for filling a gas storage facility at Bergermeer, one of Europe's largest, ahead of the winter.

It estimated the cost of enticing companies to fill the facility, which holds 4.1 billion cubic meters of gas, at around 623 million euros.

It also instructed state energy company EBN to step in to ensure the facility is filled to at least 70% if companies do not respond to the financial incentives.

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