Another EU state declares gas emergency ...News

Austria follows Germany in anticipating shortages due to anti-Russian sanctions The Austrian government has declared a stage-one alert regarding the supply of natural gas, shortly after Germany did the same on Wednesday. Vienna made the move fearing shortages should Russia insist on payments in rubles, rather than the sanctioned dollars or euros. The stage-one alert means there are “concrete and reliable indications that the gas supply could deteriorate,” Austria’s Climate Ministry announced, adding that it will be “monitoring” the situation. The country’s reserve tanks currently stand at 13%, which is about avera

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