Borrell: We don’t know if the EU will have enough gas for the winter

EU Commissioner for Foreign Affairs and Security Josep Borrell said it was unclear whether the European Union would have enough gas next winter.

“The winter season comes every year, but what we will face will be exceptional. There is real uncertainty about whether there will be enough gas in the European Union and at an affordable price,” Borrell said in his official blog on Monday. .

He added that “oil prices have fallen to levels recorded at the beginning of the war in Ukraine, and gas prices are four times higher than they were at the end of February and 10 times higher than they were a year ago.”

“We must be prepared for all scenarios, including Russia stopping all supplies at any moment,” he added.

He pointed out that Europe is “going through a real storm”, adding that “fuel prices are rising, economic growth is slowing, winter is approaching. The Kremlin is using energy as a political weapon. We must prepare for the possibility of a gas shutdown.” supply, especially through savings, diversification and solidarity.”

The Council of the European Union approved the plan of the European Commission, which provides for a reduction in gas consumption by 15% from August 1 to March 31, 2023, and the plan includes the possibility of reducing consumption by another 15% in the second stage.

Source: TASS