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EU to start saving gas next week

2022-08-05T15:42:36.777Z


Russia still provided 40% of gas deliveries to the EU-27 last year. The 15% reduction in gas consumption within the EU will come into force “ at the beginning of next week ” to compensate for the reduction in Russian deliveries, the Czech Presidency of the Council of the EU announced on Friday. “ The gas demand reduction regulation has been formally adopted. The text will be published in the Official Journal at the beginning of next week and will come into force o


The 15% reduction in gas consumption within the EU will come into force “

at the beginning of next week

” to compensate for the reduction in Russian deliveries, the Czech Presidency of the Council of the EU announced on Friday.

The gas demand reduction regulation has been formally adopted.

The text will be published in the Official Journal at the beginning of next week and will come into force one day after its publication

”, specified the presidency on its twitter account.

It should be published on Monday and will come into force on Tuesday, a European diplomatic source said.

Read alsoIn France, manufacturers are preparing for a cut in Russian gas

Agreement on this measure was reached at an extraordinary meeting of EU energy ministers on 26 July.

Only one country, Hungary, opposed this measure as “

unjustifiable, unnecessary, unenforceable and harmful

”, but unanimity was not required and the Hungarian government was unable to prevent its adoption.

The Twenty-Seven facing savings

The agreement provides that each country will do “

everything possible

” to reduce, between August 2022 and March 2023, its gas consumption by at least 15% compared to the average of the last five years over the same period.

The measure was imposed by the reduction of gas supplies by Russia, which provided until last year some 40% of gas imports from the EU.

European Commission President Ursula von der Leyen has called on member states to "

prepare for the worst-case scenario

" of a Russian gas supply halt.

Read alsoGas: French reserves are 80% full, according to the government

In the event of a "

risk of serious shortage

", an alert mechanism will make

the 15% reduction "

binding

" for the Twenty-Seven, but this objective will be adapted to the realities of each State, in particular to the capacities to export the quantities of gas saved to countries in need, thanks to a series of derogations.

Member States must also replenish their stocks before winter.

Source: lefigaro

All news articles on 2022-08-05

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