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Reuters
Reuters
Business
By Kate Abnett

Europe agrees emergency gas curbs, Kyiv says Russia supply curbs are 'price terror'

FILE PHOTO: Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File Photo

European Union countries bracing for further cuts in Russian gas supply on Tuesday approved a weakened emergency plan to curb demand, after striking compromise deals to limit reductions for some countries.

Europe faces a tighter gas squeeze from Wednesday, when Russia's Gazprom has said it would cut flows through the Nord Stream 1 pipeline to Germany to a fifth of capacity.

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