Russia and EU agree on gas supply alert mechanism

The European Union and Russia agreed today (16 November) to establish an 'early warning' mechanism to shield Europe from potential energy supply cuts and protect consumers in the event of a repeat of last year's Russia-Ukraine gas dispute. The agreement requires both sides to notify the other of any likely disruption to supplies of oil, natural gas or electricity and to work together to resolve the problem. Third parties would also be allowed to participate, the European Commission ...

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