From Reuters via Investing.com, June 23:
Factbox: Europe takes action in case Russian gas supply stops
Several European countries are putting plans in place to manage gas supply and even ration power in case Russian gas flows stop after supply through the Nord Stream 1 pipeline were curtailed.
Russian gas supply to Europe via the pipeline fell last week and Moscow said more delays in repairs could lead to suspending all flows.]
The European Union has rules to prevent and respond to a disruption in gas supplies. It sets out three levels of crisis: an early warning, alert and emergency. Member states are required to have plans in place for how they would manage the impact of a supply disruption at the three crisis levels.
In an emergency, governments can intervene only if market-based measures are insufficient to ensure supplies to households and to customers providing essential services.
Following is a summary of actions by individual European governments (in alphabetical order):
AUSTRIA
Austria, which gets around 80% of its gas from Russia, has activated the first step of a three-stage emergency plan. It is also examining measures to diversify gas supply and will convert a gas-fired power plant to generate electricity from coal.
BULGARIA
The country, which meets over 90% of its gas needs from Russia, has agreed to purchase U.S. liquefied natural gas (LNG) and has stepped up talks with Azerbaijan to increase gas deliveries....
....MUCH MORE
