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Energy Crisis in Europe
Europe is bracing for tough winter as US-led push to “punish” Moscow for its military operation in Ukraine backfired on the EU, which has faced months of skyrocketing energy prices and rising inflation after Brussels joined Washington in attempting to “phase out” Russian oil, coal and gas.

Austria's Dependence on Russian Gas Down to Less Than 50% - Energy Minister

© AFP 2023 / JOE KLAMARPicture taken on May 9,2022 shows equipment operated by GCA (Gas Connect Austria) and TAG (Trans Austria Gas pipelines) at one of the largest interconnection gas hubs in Europe at Baumgarten an der March, Lower Austria
Picture taken on May 9,2022 shows equipment operated by GCA (Gas Connect Austria) and TAG (Trans Austria Gas pipelines) at one of the largest interconnection gas hubs in Europe at Baumgarten an der March, Lower Austria - Sputnik International, 1920, 28.07.2022
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VIENNA (Sputnik) - Austria's dependence on Russian gas supplies has decreased to less than 50%, Energy Minister Leonore Gewessler said on Thursday.
"We have reduced our dependence on Russian natural gas to less than 50%," Gewessler wrote on Twitter.
Earlier in the week, the minister said that Austria had already managed to save about 10% of gas consumption in 2022, compared to the previous year.
On Wednesday, Austrian Chancellor Karl Nehammer said the federal government would for the first time create a state gas reserve, which would be kept until November 1. According to Nehammer, Austrian gas storage facilities are currently 51% full.
In April, Nehammer said that the country receives 80% of the fossil fuel from Russia, and it will take several years to abandon it.
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