Russian gas giant Gazprom’s announcement that it will cut further supplies to Europe this week is politically motivated, EU Energy Commissioner Cadre Simpson noted today, disputing the company’s claim that it cut supply because it needed to shut down a turbine .
“We know there’s no technical reason for him to do that. This is a politically motivated step and we have to be prepared for it. And that’s precisely why preemptively reducing our demand for natural gas is a wise strategy.” said Simpson, attending the meeting of energy ministers of EU member states in Brussels.
Simpson said she expected ministers to reach an agreement on an EU emergency plan that would require countries to curb their demand for natural gas.
“I expect that today we will have an interesting political debate, because the Member States have different conditions, they start from different positions. I expect that in the end we will have a political agreement,” he added, while stating that the basis of the Commission’s message was “unity and solidarity “.
Source: RES-MPE
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
