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European Union prepares gas reserve plan

Photo captions
A gas stove at a home in Manchester, England, March 17, 2022. Photo: THX/VNA

According to the Vietnam News Agency correspondent in Brussels, the above measure is one of several options that the EU 27-nation bloc is considering such as lower inflation and economic growth forecasts due to conflicts, affecting the economic recovery momentum. economy after the COVID pandemic.

In a statement, EU Commissioner for Energy Kadri Simson said the global and European energy markets are going through turbulent times, especially since the conflict in Ukraine. So Europe needs to act quickly to secure its energy supply for next winter and relieve the pressures of high energy bills on citizens and businesses.

The proposals put forward by the European Commission (EC) include calling for a minimum gas reserve level of 80% to be in place by November this year, with the possibility that this level will be raised to 90% in the coming years. next. A special working group will be established to work closely with countries and key players in the field to regulate gas purchases and confirm storage.

Besides, this coordination will help diversify EU supply. The EC has discussed with major gas producing countries such as Norway, USA, Qatar, Algeria. EC President Ursula von der Leyen on March 21 also had a meeting with bosses of major European energy corporations such as E.ON, Shell, Vattenfall, Eni…

For the above plan to be approved, it needs the consent of the European Parliament and the consent of EU member states.

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