BRUSSELS (Reuters) – European Union countries’ energy ministers will on Monday discuss options for how they could jointly curb gas demand, as the bloc grapples with cuts to Russian supplies and prepares for possible further supply shocks.

© Reuters. FILE PHOTO: General view of the Total oil refinery at La Mede near Marseille, southern France, July 2, 2015.  REUTERS/Philippe Laurenson/File Photo

“I plan to present to ministers the concrete steps that I believe we have to make, both at member states’ side and the Commission’s side, to be better prepared,” EU energy commissioner Kadri Simson said on her arrival to the meeting of energy ministers in Luxembourg.

The Commission will present an EU plan to coordinate preparations for further gas supply shocks in July.




Source link

Best Brokers

Unmatched trading fees, generous bonuses, top notch Regulation Frame.

T&Cs Apply

Risk disclosure: All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage.

Top-Tier Regulations. Unmatched Spreads and Commissions. Trading View is available.

T&Cs Apply

Financial Spread Trades and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.7% of retail investor accounts lose money when trading CFDs with this provider.

Modern and Intuitive Interfaces, Solid Regulatory Frame, and excellent Trading Fees.

T&Cs Apply
Risk warning: Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings.

Highly Regulated. Low Spreads and Commissions. Vast Account Options.

T&Cs Apply

Risk Warning: Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment.