World The EU emergency plan for gas can stabilize, or even lower prices, says a German official
Russia's Gazprom halts gas supplies to Latvia
Latvia is the latest EU member to have its Russian gas supplies cut off in the Ukraine crisis.Gazprom accused Latvia of violating conditions of purchase but gave no details of that alleged violation.
Ukraine-Crise-Gaz-Germany: the EU emergency plan for gas can stabilize , or even lower prices, says a German official
Berlin (Reuters) - The Head of the German network regulator praised the European Union gas emergency plan, which entered into force Tuesday, in comments to the ZDF television channel.
"If all European countries save gas, this can stabilize the price (...), perhaps even reduce it, and help to ensure that the gas supply is sufficient to allow us to pass Fall and winter, "said Klaus Müller, president of the Bundesnetzagentur.
Major gas shortage with millions of Aussie homes warned they could lose power
A gas shortage could leave millions of Aussies without heating or power tonight, the energy market operator has warned. The concern has triggered a gas supply guarantee by the Australian Energy Market Operator as the country battles a particularly chilly winter.AEMO issued a notice on Tuesday saying it had identified a gas supply shortfall 'trigger event' for the states of Victoria, New South Wales, South Australia and Tasmania from July 19 to September 30.In the short term, gas supplies could falter in the the peak period of between 5.30pm and 7pm on Wednesday night.
Video: Can the EU do without Russian gas? Europe is preparing for the worst (France 24)
The agreement implies that EU countries reduce their gas request, endeavor to fill their stocks and that they Prepare for a possible total cut in supply by Russia. He also asks them to voluntarily reduce their gas consumption by 15% this winter. These reductions could become binding on an emergency, with many derogations from certain countries and industries, however.
(Rachel More report, French version Augustin Turpin)
Spain swelters through summer under new rules to reduce Europe's reliance on Russian gas .
Sweltering through back-to-back heatwaves, Spain is ordering people to raise their thermostats and change their dress code in a bid to reduce Europe's reliance on Russian gas.The Spanish government has ordered her to set the thermostat no lower than 27 degrees Celsius. Despite running a deli full of meat and cheese, she is happy to comply.