The Associated Press reported that the European Union is moving towards a joint purchase agreement for natural gas, and to ensure that its storage facilities are full, in an attempt to avoid another crisis related to its dependence on Russian energy.
The union has admitted that it is “too dependent” on Russia so far for natural gas and oil, and is struggling to find the perfect mix of sanctions to pressure the Kremlin, while continuing to get access to Russian fossil fuels.
In turn, the Vice-President of the European Commission stated, “The low levels of gas stocks made us face great difficulties in January as we kind of rushed to get additional gas for European consumption,” explaining that “there is a need to take good lessons from how we deal with obtaining vaccines. I think. There is also support for the joint purchase of gas between member states.
He revealed, “I expect this to be the approach, which should also be adopted by leaders of countries and governments, during a two-day summit, which begins Thursday.”
