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MNI: EU Likely To Seek Broader Deal On Gas Sharing-Officials

Details of how gas-sharing will work if Russia cuts off supplies to the EU have yet to be worked out.

European Union countries are likely to discuss more detailed measures to help energy-vulnerable states such as Germany in the event of a Russian gas shutdown in the autumn, after giving final approval later this week to a new Alert Mechanism allowing for mandatory consumption cuts in an emergency, EU officials said.

“There is an assessment that the July Council was only a warm-up or prelude for more serious talks later in the fall,” said one source close to talks.

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European Union countries are likely to discuss more detailed measures to help energy-vulnerable states such as Germany in the event of a Russian gas shutdown in the autumn, after giving final approval later this week to a new Alert Mechanism allowing for mandatory consumption cuts in an emergency, EU officials said.

“There is an assessment that the July Council was only a warm-up or prelude for more serious talks later in the fall,” said one source close to talks.

Keep reading...Show less