EU unveils plan to cut Russian gas imports by two-thirds this year

Source: China – South China Morning PostThe European Commission on Tuesday outlined a plan to cut gas imports from Russia by two-thirds before the end of the year, as the EU looks to move away from Russian energy sources following Moscow’s invasion of Ukraine.The European Union is heavily reliant on Russian fossil fuels – it imports 90 per cent of its gas, and more than 40 per cent of that comes from Russia. It also gets 27 per cent of oil imports and 46 per cent of coal imports from Russia, according to the commission.To reduce…Read More

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