EU Agrees To A 'Voluntary' Cut In Natural Gas By 15% Due To Russian Supply Fears

 

Daily Mail: EU split over standing up to Putin: Bloc agrees 'voluntary' 15% cut in fuel use to tackle Russian gas squeeze… but with loopholes for most countries, including GERMANY 

* EU agrees 15% 'voluntary' gas use reduction as Putin squeezes Europe's supply 

* However some countries opposed the move as an unfair burden on them 

* Russia recently reduced gas supply through Nord Stream 1 pipe to just 20% 

European Union countries have come together to agree a controversial 'voluntary' cut to its overall gas consumption by 15 per cent in the face of a Russian supply squeeze. 

But loopholes in the agreement will ease the pain for many countries and industries, including Germany, after some EU governments resisted the original proposal to impose binding cuts on every country. 

Europe faces an increased gas squeeze from Wednesday, when Russia's Gazprom has said it would cut flows through the Nord Stream 1 pipeline to Germany from 40 per cent to just a fifth of capacity.  

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WNU Editor: If the situation gets bad, I am sure this "voluntary" cut will become a mandatory cut. 

The first cuts will be imposed on industries .... How does the EU plan to cut gas usage by 15% this winter? (The Guardian). 

EU Agrees To Cut Natural Gas By 15% Due To Russian Supply Fears  

EU agrees to cut natural gas use amid Russian supply fears -- AP  

Europe agrees emergency gas curbs as Russia squeezes supply -- Reuters  

Europe agrees compromise gas curbs as Russia squeezes supply -- France 24  

Energy ministers reach deal on EU-wide 15% gas reduction plan -- Euronews 

EU agrees plan to ration gas use over Russia supply fears -- The Guardian  

European Union agrees to voluntary natural gas rationing -- UPI  

The EU has agreed to ration gas, but some countries put up a fight -- CNN  

EU deal to reduce consumption highlights divisions within the bloc -- DW