Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

EU moves toward joint natural gas purchase to curb shortages

The European Union is moving toward the joint purchase of natural gas and ensuring its storage facilities are nearly full to try to avoid another crisis tied to its dependency on Russian energy, officials said Tuesday.

The 27-nation bloc acknowledges it has been far too reliant on Russia for natural gas and oil and has been struggling to find the right mix of sanctions to punish the Kremlin for invading Ukraine while still requiring Russian fossil fuels.

Low levels of gas storage “brought us to big difficulties in January where we have been kind of scrambling for additional gas for European consumption,” EU Commission Vice President Maros Sefcovic said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.