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Spain, Portugal reject EU plan to cap natural gas use

The European Union’s plan to reduce the bloc’s gas use by 15% to prepare for a potential cutoff by Russia this winter has been met with sharp skepticism by Spain and Portugal, the two governments that are usually big supporters of the bloc. Madrid and Lisbon on Thursday said they would not support the initiative […]

Posted on July 21, 2022 in Uncategorized by admin
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Europe relieved, for now, as key Russian gas pipeline resumes flow

Natural gas started flowing through a major pipeline from Russia to Europe after a 10-day outage, the operator said on Thursday, easing Europe’s supply concerns amid an economic tit-for-tat with the Kremlin over its invasion of Ukraine. But the gas flow was expected to fall well short of full capacity and the outlook was uncertain […]

Posted on July 21, 2022 in Uncategorized by admin
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EU tells members to cut gas usage amid new Putin warning

The European Union told members states on Wednesday to cut gas usage by 15% until March as part of an emergency plan after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further. Deliveries via Nord Stream 1 pipeline, which accounts for more than a third of […]

Posted on July 21, 2022 in Uncategorized by admin
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