EU leaders in talks about imposing new sanctions focused on fundraising capabilities of Russian oil and gas companiesEurope’s deep dependency on Russian gas could be slashed by a third if EU leaders place a higher priority on energy efficiency savings, according to the Institute for Public and Policy Research.Europe imports around a third of its gas from Moscow and half of that flows through Ukraine. While only 15% of the UK’s gas comes from Russia, six of the states closest to the Russian border are completely reliant on it, raising fears of a “gas crunch” this winter, if the crisis …read more
Source: The Guardian