ECONOMY

Reduced Russian gas supply ‘not an emergency situation’

Squeezed supply of Russian gas to some European Union countries fell further on Friday, the European Commission said, but it added that the situation had not reached emergency levels despite freezing temperatures gripping much of Europe.

A cold front blamed for more than 100 deaths is lashing the continent, bolstering demand for heating and forcing countries to tap stored gas supplies.

?I can confirm that there has been a decrease in gas deliveries in various member states: Poland, Slovakia, Austria, Hungary, Bulgaria, Romania, Greece and Italy,? the Commission?s energy spokeswoman Marlene Holzner told a regular news briefing, but she added that ?it is not a situation of emergency yet.?

[Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.