Market Report, "Germany Oil & Gas Report Q4 2012", Published
BMI View: For a country keen to wean itself off of fossil fuels, the decision to phase out nuclear energy represents a fresh and unwelcome challenge. Gas consumption seems certain to grow more quickly than expected as demand for power rises - until the energy void can be filled through the expansion of renewable sources. Refining capacity is being scaled back to do disappointing returns, so Germany must reduce its consumption of oil products in order to avoid becoming overly...
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