An important step to improve EU security of supply in the context of the war in Ukraine was taken today with the provisional political agreement reached between the Council and the European Parliament on the legislation on gas storage. The proposed regulation aims to ensure that storage capacities in the EU are filled before the […]
Member states agree on negotiating mandate for gas storage proposal
The Council reached a mandate for negotiations with the European Parliament on a proposal on gas storage. In order to improve EU security of supply in the current geopolitical context, the proposal aims to ensure that gas storage capacities in the EU are filled before the next winter season and can be shared between member […]
Commission approves 125 million Spanish scheme to support gas-intensive sectors
The European Commission has approved a 125 million Spanish scheme to help gas-intensive sectors cope with the consequences of the Russian invasion of Ukraine. The scheme has been approved under the Temporary Crisis Framework for State Aid, adopted by the Commission on 23 March 2022, on the basis of Article 107(3)(b) TFEU, which aims to […]
Energy Council: securing energy supply for all member states
Ministers exchanged views on the energy situation in the EU in the context of the war in Ukraine. This extraordinary Council was an opportunity for the ministers to recall their solidarity with Ukraine and with the member states affected by the suspension of gas deliveries by Gazprom, which was implemented despite the current contracts. Energy […]
Statement by Von der Leyen following Gazprom’s announcement of gas supply disruption to Europe
The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail. This is unjustified and unacceptable. And it shows once again the unreliability of Russia as a gas supplier. We are prepared for this scenario. We […]
MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas
Parliament expresses indignation over reported atrocities by the Russian armed forces and demands that perpetrators of war crimes be held accountable. In a resolution adopted with 513 votes to 22 and 19 abstentions on Thursday, MEPs call for additional punitive measures, including “an immediate full embargo on Russian imports of oil, coal, nuclear fuel and […]
Green Deal: EP backs updated guidelines for trans-European energy infrastructure
Parliament approved on Tuesday new rules for selecting which energy projects can receive EU funding and aligning the existing regulation with the EU’s Green Deal. The legislation, agreed upon with Council in December 2021, sets criteria and the methodology for choosing energy projects of common interest (PCIs), such as high-voltage transmission lines, pipelines, energy storage facilities and […]
EU will import 58% of its energy by 2020
By 2020, 58% of the energy consumed in the EU will be imported, while its own production will cover only 42% of demand. The EU’s energy mix by 2020 will consist of 35% oil and oil derivatives, 24% natural gas, 17% renewables, 13% nuclear energy and 11% solid fossil fuels. Russia is the main supplier […]
EU rejects Putin’s request to pay for gas supplies from Russia in rubles
The Energy Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the European Union Commissioner for Energy met on Monday in a brief videoconference. As a result, they rejected Putin’s demand that gas deliveries must be paid in rubles, and reaffirmed that agreed contracts for gas deliveries […]