Europe could slash Russian gas imports this year

Europe could slash Russian gas imports this year


EU officials are due to unveil plans Tuesday that would “substantially reduce” the region’s dependency on Russian gas in 2022, climate policy chief Frans Timmermans told EU lawmakers on Monday.

“I think we can present a plan … that will substantially reduce our dependency on Russian gas already this year and within years will make us independent of the import of Russian gas. I think that’s possible, it’s not easy but it’s feasible,” Timmermans said.

The European Union depends on Russia for about 40% of its natural gas. Russia also supplies about 27% of the oil the 27-country bloc imports…

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Europe could slash Russian gas imports this year

 

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