Gas.  The European Union organized a tender for joint procurement.  Offers greater than demand reports on the issue and refers to the Vice-President of the European Commission, who announced the results of the first tender for joint procurement of companies from the European Union and the European Energy Group. – This is nothing more than an extraordinary success – Marosz Szefczovicz’s assessment, citing the portal.

Great interest from suppliers

In the bid, 25 companies submitted bids. They offered 13.4 billion cubic meters. Gas. While the demand submitted by customers amounted to 11.6 billion cubic meters. This means that supply of suppliers exceeds demand of customers.

The rest of the article is under the video

See also: 21.04 | The “Fit for 55” package approved by the European Parliament

And most importantly, only “trusted” suppliers can participate in the bid. This excludes companies from Russia And it belonged to Moscow, as well as the one that offered Russian gas.

Only “trusted” suppliers can participate in the procedure. That is, suppliers from Russia and Russian-owned, who also supply Russian gas, were excluded.

Europe success

Joint gas purchases were introduced in the European Union in response to the energy crisis, Because of the Russian invasion of Ukraine. All member states can participate. The following tenders will be held after further determination of the aggregate demand of the EU countries. These arrangements are planned for June, August, October and December 2023. To date, 107 companies have applied to participate in joint gas purchases.

After last year’s experience, EU countries are buying gas early. At the start of May, gas storage facilities in Europe were nearly 60% full, much higher than normal for this time of year, according to data from Gas Infrastructure Europe. Data compiled by Bloomberg indicates this In April, a record amount of LNG was imported to our continent – 10.6 million tons.

Rate our article quality:

Your feedback helps us create better content.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sunday trading banned. Żabka will bypass ban and open in 2022

– Taking into account the new law, which will enter into force…

PPK. Approximately 2.3 million Poles are saved in this way. The portal has been launched for them

You can log into the MojePPK portal using a trusted profile or…

A bike with square wheels is being ridden by a Ukrainian engineer [WIDEO]

The author of the YouTube channel The Q, Toronto-based Ukrainian engineer Sergey…

The Federal Reserve raises interest rates – December 2022

This time, the FOMC decided to raise interest rates by 50 basis…