Austria Plans To Power Industry With Oil Instead Of Gas ...Middle East

Economy by : (OILPRICE) -
Austria's energy minister said it intends to order industry and utilities to switch from using natural gas as it looks to stockpile more natural gas to help insulate it from being cut off from Russian supplies, Reuters reported on Tuesday. Austria will encourage industry and utilities to use alternate fuels such as crude oil, Austrian energy minister Leonore Gewessler said. Austria gets 80% of its natural gas from Russia. And while its electricity is generated mostly from hydropower, its industrial sector and utilities, however, use a significant…

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