POBNEWS24, Dhaka Aug 29, 2022 : The European Union (EU) countries will face five to 10 harsh winters if nothing is done to reduce natural gas prices, Belgium’s energy minister has warned.
Belgium’s energy minister also said that European countries should reduce gas prices immediately. He also said in a tweet that it is necessary to revise the prices of gas and electricity.
He also said, if we do not take action in this regard, the next five or 10 winters will be terrible.
We must find the source, work on it.
Since February 24 of this year, since the start of Russia’s attack on Ukraine, the price of natural gas has been increasing.
Russian gas companies have reduced gas supplies to European countries in response to Moscow’s sanctions. In 2021, Russia supplied 40 percent of gas to European countries. However, Germany said that they are looking for a quick solution to the gas crisis.
Gas and electricity prices are getting out of reach in European countries. Prices hit record highs this week.
Chancellor of Austria Karl Neuhammer opened his mouth about this. “We have to stop what is happening in the energy market right now,” he said.
On the one hand, while gas supply to European countries has decreased, Russia is burning gas worth about 10 million dollars per day.
Source: BBC.
