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The European Commission has proposed a number of measures to combat unjustifiabl...

The plan worked: What made Russia lose money on gas supply

The European Commission has proposed a number of measures to combat unjustifiably high energy prices, including the price of gas, which is still the object of manipulation by Russia. Gas prices in Europe have been steadily decreasing since August, against the background of warm autumn weather and filling European storage facilities by more than 90%.

Because of this, Russia is losing its revenues in the energy sphere, said the European Commissioner for Energy Simson in an interview with UNIAN information agency. "It is already noticeable that we have taken steps to overcome the crisis - for example, reducing gas demand by 15% and filling the storage facilities by more than 90% - they work, and gas prices are steadily reduced since August.

It is not just good news for our consumers, But it also means reducing income for Russia, " - said Kadri Simson. According to her, the European Commission (EC) has indeed proposed a number of measures to combat unjustifiably high energy prices, including the price of gas, which is still the object of manipulation by Russia. The next meeting of the EC on this issue will take place at the end of November.

"Among other tools, the European Commission is ready to develop a dynamic restriction of gas price for a TTF virtual outlet if it receives an appropriate mandate by the EU Council," the official explained. It should be noted that on Monday, October 24, the estimated wholesale gas prices in the Netherlands decreased by 9%. And prices in the United Kingdom fell by 7%. Earlier it was reported that Russia could not find buyers for its oil.