The European Union thought it was possible to reduce energy prices 23:36

It is possible to reduce energy prices for industry and private consumers in EU countries. This was stated by the president of the European Council, António Costa, before a concert in Warsaw on the occasion of the start of Poland’s presidency of the EU Council, he writes TASS.

“We will reduce energy prices for industry, companies and families,” he said.

Costa expressed his confidence that lower energy prices can be achieved by achieving energy independence. To do this, we need in particular “safe supply routes” and to create “our own European generation”, the European Council president added.

previous day reportedIt was stated that gas prices in European countries reached their highest level since October 2023 after the supply of Russian fuel from Ukrainian territory was cut off. According to Bloomberg, the cut in gas supplies from the Russian Federation is not the only reason for the increase in prices. Another is the closure of an LNG plant in Norway due to compressor failure. The company will continue to operate only on January 9.

Europe’s gas reserves are currently declining at the fastest pace since 2021, according to analysts.

Previously at EC decided After stopping gas transit through Ukraine, storage facilities will be nationalized.

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Source: Gazeta

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