EU signals it's on an energy-buying spree

Summary by Ground News

EU in talks with trading partners to increase supplies of natural gas to member states. Gas storage levels in the EU are significantly lower than usual at this time of the year. Europe was hit by an unprecedented energy crunch last year that sent gas and power prices skyrocketing.

4 months ago

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EU signals it's on an energy-buying spree

Soaring prices for fuel and low gas storage levels force Brussels to ‘improve risk-preparedness’The European Union is in talks with its trading partners in search of viable options to increase supplies of natural gas to its member states, according to the bloc’s Energy Commissioner Kadri Simson.“The gas storage levels in the EU are significantly lower than usual at this time of the year,” Simson said, after a meeting with European energy ministe…

4 months ago·Russian Federation

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