EU proposes joint purchasing of gas – Von der Leyen

The European Commission is recommending joint gas buying among EU countries to help deal with high energy costs and ensure security of supply.  

The proposal is part of a package of emergency measures which includes establishing a “complementary” benchmark for the price of liquified natural gas or LNG. But the Commission steered clear of proposing an immediate cap on the price of gas.  

EU chief Ursula von der Leyen says the EU is strong when it acts together and that joint gas purchasing should “become operational”.

Out words: purchase gas

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