Starting to register joint purchase orders for gas as of today


The European Commission announced today that European companies are allowed to register their requests to buy gas starting today, as part of the first joint gas purchase project launched by the European Union.
The European Union countries decided last year to jointly buy gas, in an attempt to secure less volatile prices, and to refill gas storage facilities.
Gas prices reached record levels last summer, after Russia cut its imports into the European bloc, and companies and governments rushed to find alternative supply destinations.
Maros Sefkovic, Vice-President of the European Commission, said in a statement: “The energy crisis has taught us that the European Union works better when it moves in unity and solidarity.”
He added: “Aggregation of orders will affect the economic weight of the European Union, and help us to ensure the availability of sufficient gas in storage facilities in order to pass the next winter safely.”
Companies from the 27 member states of the European Union, in addition to Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Georgia, Moldova, Montenegro, Serbia and Ukraine, can register their gas needs on an electronic platform until May 2.
Global suppliers can submit their offers until the ninth of the same month.
A European official said companies owned or controlled by Russia would be excluded.

For latest updates and news follow BLiTZ on Google News, YouTube, Facebook, and also on Twitter.

- A word from our sponsors -


Most Popular

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.