EU is seeking alternatives to break free from Russian fossil fuels amid soaring prices

Euronews says Brussels will unveil new plans on Tuesday to ditch Russian fossil fuels to achieve greater energy independence.

EU is seeking alternatives to break free from Russian fossil fuels amid soaring prices

Euronews says Brussels will unveil new plans on Tuesday to ditch Russian fossil fuels to achieve greater energy independence following Moscow’s invasion of Ukraine.

The strategy includes targeting new suppliers, speeding up the green transition and setting mandatory gas storage levels across the bloc.

“Diversification, reorganisation, and compensation, to protect citizens and companies. Italy is working to reduce dependency on Russian gas as fast as possible,” Italian Prime Minister Mario Draghi said on Monday following a meeting in Brussels with European Commission President Ursula von der Leyen.

“On Saturday, I spoke on the phone with Emir Al Thani of Qatar, with whom I discussed, in particular, how to strengthen energy cooperation between our countries.”

https://www.euronews.com/my-europe/2022/03/07/eu-is-seeking-alternatives-to-break-free-from-russian-fossil-fuels-amid-soaring-prices

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