EU confirms gas rationing as Putin makes further cuts to Nord Stream 1

clock • 1 min read

The European Commission has agreed to reduce its consumption of natural gas this winter to protect the bloc from further supply constraints by Russia, as Kremlin-owned gas giant Gazprom announced there would be further cuts through the Nord Stream 1 pipeline.  Ministers from 27 member states excluding Hungary backed a voluntary 15% reduction in the use gas over the winter months. The commitment could become mandatory if Russia announced it was shutting down its supply to Europe. The move came after a more stringent rationing regime received opposition from certain member states, inclu...

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