EU reaches deal to ration gas amid Russian cut-off fears

Updated : Jul 30, 2022 17:03
|
AP

European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine.

EU energy ministers approved a draft European law meant to lower demand for gas by 15 per cent from August through March. The new legislation entails voluntary national steps to reduce gas consumption and, if they yield insufficient savings, a trigger for mandatory moves in the 27-member bloc.

Also read: Leaders pledge arms and EU path for Ukraine in Kyiv visit

European Commission President Ursula von der Leyen welcomed the move, saying that the “the EU has taken a decisive step to face down the threat of a full gas disruption by (Russian President Vladimir) Putin.”

FuelEuropean UnionGas supplyRussia-Ukraine WarEurope

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