https://sputnikglobe.com/20220726/eu-countries-agree-emergency-gas-plan-to-reduce-gas-consumption---reports-1097802465.html
EU Countries Agree on Emergency Gas Plan to Reduce Gas Consumption, Reports Suggest
EU Countries Agree on Emergency Gas Plan to Reduce Gas Consumption, Reports Suggest
Sputnik International
MOSCOW (Sputnik) - The European Union's member states have agreed on an emergency plan to voluntarily reduce gas consumption as a way to reduce dependence on... 26.07.2022, Sputnik International
2022-07-26T07:46+0000
2022-07-26T07:46+0000
2023-04-12T17:14+0000
gas
europe
energy crisis in europe
european union (eu)
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The emergency plan presupposes a voluntary 15%-cut in the consumption of natural gas consumption from August 2022 – March 2023, the report said.The EU energy ministers will convene on Tuesday for an extraordinary EU Energy Council, which will focus on reaching a political agreement on the so-called "Save Gas for a Safe Winter" plan.Last Wednesday, the European Commission proposed a new regulation on coordinated reduction of gas use across the bloc as a way to decrease its dependence on imports and withstand the spike in prices. The initial target of 15% will start from August 1, 2022 spanning through March 31, 2023, which will save the bloc up to 45 billion cubic meters of gas, according to the plan. Initially this will be voluntary, but if the goal is not reached, it may become mandatory. The proposals of the European Commission will enter into force after approval by a qualified majority of EU member states.Several nations have already voiced their opposition to consumption cuts, including Italy, Poland, Hungary, Portugal, Greece and Spain.The fuel crisis erupted in Europe after it imposed sanctions on Russia, citing Moscow's special military op in Ukraine. This has resulted in disruptions of supply chains and skyrocketing energy prices. At the same time, Gazprom has been forced to significantly reduce its Nord Stream 1 gas supplies to Europe due to delays in maintenance work by Germany and Canada. Therefore, the EU countries had to tap into their winter gas reserves, and Berlin even activated stage two of three in its emergency plan for gas.
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EU Countries Agree on Emergency Gas Plan to Reduce Gas Consumption, Reports Suggest
07:46 GMT 26.07.2022 (Updated: 17:14 GMT 12.04.2023) MOSCOW (Sputnik) - The European Union's member states have agreed on an emergency plan to voluntarily reduce gas consumption as a way to reduce dependence on Russian fuel and be prepared for a scenario where imports stop, German news agency dpa reported on Tuesday, citing sources.
The emergency plan presupposes a voluntary 15%-cut in the consumption of natural gas consumption from August 2022 – March 2023, the report said.
The EU energy ministers will convene on Tuesday for an extraordinary EU Energy Council, which will focus on reaching a political agreement on the so-called
"Save Gas for a Safe Winter" plan.Last Wednesday, the European Commission proposed a new regulation on coordinated reduction of gas use across the bloc as a way to decrease its dependence on imports and withstand the spike in prices. The initial target of 15% will start from August 1, 2022 spanning through March 31, 2023, which will save the bloc up to 45 billion cubic meters of gas, according to the plan. Initially this will be voluntary,
but if the goal is not reached, it may become mandatory. The proposals of the European Commission will enter into force after approval by a qualified majority of EU member states.
Several nations have already voiced their opposition to consumption cuts, including Italy, Poland, Hungary, Portugal, Greece and Spain.
The fuel crisis erupted in Europe after it imposed sanctions on Russia, citing Moscow's special military op in Ukraine. This has resulted in disruptions of supply chains and skyrocketing energy prices.
At the same time,
Gazprom has been forced to significantly reduce its Nord Stream 1 gas supplies to Europe due to delays in maintenance work by Germany and Canada. Therefore, the EU countries had to tap into their winter gas reserves, and Berlin even activated stage two of three in its emergency plan for gas.
