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

Voluntary 15% reduction

clock • 1 min read
Some island nations will remain exempt.
Image:

Some island nations will remain exempt.

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 d...

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