GERMANY /AUSTRALIA TRIGGER EMERGENCY PLANS OVER FEAR OF GAS FLOW DISRUPTION
Written by awawa on March 31, 2022
Germany and Austria have triggered emergency plans over possible gas supply disruption amid a payments stand-off with Russia.
Russia had demanded “unfriendly” countries pay for its gas in roubles from 31 March, but the EU, which mainly pays in euros, rejected the idea.
Moscow later appeared to soften its stance, saying on Wednesday rouble payments would be introduced gradually.
But Germany and Austria have taken the first steps towards gas rationing.
Germany urged consumers and companies to reduce consumption in anticipation of possible shortages, while Austria said it was tightening its monitoring of the gas market.