EU to reduce gas use by 15% over threats of supply cuts by Russia

• European Union (EU) members agreed to lower their natural gas use by 15% to prepare for further cuts in gas supply by Moscow.

What to Expect?

• Russian gas company will cut supplies via Nord Stream I pipeline, amidst tensions b/w Russia and EU..
• 40% of EU’s gas came from Russia last year, making it vulnerable to fluctuations in supply.
• Nord Stream I was offline for days, following servicing of a gas turbine.
• Supplies werre restored to 40% of capacity afterwards.
• Europe have accused Moscow of using energy as a weapon, following Europe and the U.S.’s sanctioning of Russia over its attack on Ukraine.

Prelims Take Away

• Nord Stream I and II
• Location Based questions