Following talks on Tuesday, EU members agreed countries should voluntarily reduce gas use by 15% from August to March. “In an effort to increase EU security of energy supply, member states today reached a political agreement on a voluntary reduction of natural gas demand by 15% this winter,” the EU said. Russian gas boss says ‘our product, our rules’Russia waging gas war with supply cuts – ZelenskyHowever, the EU said some countries not connected to other member states’ gas pipelines would be exempt from any mandatory gas reduction order as they would not be able to source alternative supplies. Gazprom has cut gas supplies altogether to Bulgaria, Denmark, Finland, the Netherlands and Poland over their refusal to comply with a Kremlin order to pay their bills in roubles, instead of euros or dollars. Wholesale gas prices have soared since Russia invaded Ukraine in February, with a knock-on impact on consumer energy bills.

Source: Nigerian Tribune July 26, 2022 18:51 UTC