EU to establish common purchases platform of energy resources to be also accessible for Georgia
Date
3/27/2022 12:06:54 AM
(MENAFN- Trend News Agency)
The European Union will phase out its dependency on Russian gas,
oil and coal imports as soon as possible, as set out in the
Versailles Declaration, the Communiqué of the of two-day summit of
the European Council says, Trend reports citing 1tv.ge .
Based on the document, the European Council looks forward to the
comprehensive and ambitious plan, elaborated in close coordination
with Member States, that the Commission will submit to this effect
by the end of May 2022. National circumstances and Member States'
energy mix will be taken into account.
The European Council discussed how to provide further relief to
the most vulnerable consumers and how to support European
businesses in the short term.
“The European Council reviewed the EU's immediate term
preparedness and tasked the Council to examine the proposals by the
Commission on EU gas storage policy duly taking into account and
addressing the interests of the Member States with significant
storage capacity in order to ensure a fair balance. Refilling of
gas storage across the Union should start as soon as possible,
taking fully into account national preparedness measures,” reads
the document.
The European Council proposed to work together on voluntary
common purchase of gas, LNG and hydrogen, making optimal use of the
collective political and market weight of the European Union and
its Member States to dampen prices in negotiations.
As the meeting participants decided, the common purchases
platform will also be open for Western Balkan countries and the
three associated Eastern Partners (Ukraine, Georgia and
Moldova).
Tags:
- Georgia
- EU
- energy resources
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