European Union countries have reached a deal to cut their gas consumption by 15 per cent this winter after Gazprom, Russia's state-owned energy corporation, said it would further cut gas flows through the Nord Stream 1 pipeline to Germany.
Russia's Gazprom says it would limit supplies to EU through Nord Stream 1 gas pipeline to 20% of capacityEU governments reach a deal on gas rationingEuropean Union countries have agreed to a proposal to voluntarily cut their gas consumption by 15 per cent this winter. This deal comes after Gazprom, Russia's state-owned energy corporation, said it would further cut gas flows through the Nord Stream 1 pipeline to Germany.
"I know that the decision was not easy, but I think, at the end, everybody understands that this sacrifice is necessary. We have to, and we will, share the pain," Czech Industry Minister Jozef Sikela told reporters after chairing the meeting in Brussels. "The situation has been critically complicated by the restrictions and sanctions imposed on our country," Peskov added. "If not for those restrictions, all maintenance, warranty and service operations would have been carried out in a usual, routine and prompt manner, without causing situations like the one we're seeing now.
Exemptions are allowed for countries that might have specific vulnerabilities or find themselves particularly exposed to difficulties from certain cuts. "Germany made a strategic error in the past with its great dependency on Russian gas and faith that it would always flow constantly and cheaply," said German Economy Minister Robert Habeck, who is also responsible for energy and serves as the country's vice-chancellor. "But it is not just a German problem."
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