By Joseph Branch in Economics News —

The European Commission proposed to oblige EU countries to share gas with each other in case of shortages

The European Commission proposed to oblige EU countries to share gas with each other in case of shortages
Photo by Tetiana SHYSHKINA / Unsplash

The EC also proposed the creation of a joint gas purchase mechanism. EU companies would be allowed to form a consortium for purchasing gas.

The European Commission has recommended targeted interference in the formation of market prices for gas due to high exchange prices.