{"id":208237,"date":"2023-01-05T00:39:43","date_gmt":"2023-01-04T19:09:43","guid":{"rendered":"https:\/\/arunachaltimes.in\/?p=208237"},"modified":"2023-01-05T00:42:57","modified_gmt":"2023-01-04T19:12:57","slug":"eu-hails-high-gas-storage-levels-despite-russian-cuts","status":"publish","type":"post","link":"https:\/\/arunachaltimes.in\/index.php\/2023\/01\/05\/eu-hails-high-gas-storage-levels-despite-russian-cuts\/","title":{"rendered":"EU hails high gas storage levels despite Russian cuts"},"content":{"rendered":"<p style=\"text-align: justify;\">BRUSSELS, 4 Jan: Natural gas storage levels in the European Union stand at nearly 84% and were higher in December than the average amount in reserve 4-6 years ago, the EU\u2019s executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on Ukraine.<br \/>\nFearing winter shortages, the 27 EU countries began stocking up on gas last year. Joint gas reserve levels climbed to 82% by September, well ahead of an 80% target set for November. Gas consumption also dropped by 20% from August to November as prices spiked.<br \/>\nAngered by EU war-related sanctions, Russia tightened its gas taps to Europe last year. Its pipeline gas accounted for 40% of all gas Europe imported before President Vladimir Putin ordered his troops into Ukraine in late February, but now it only accounts for around 9%.<br \/>\n\u201cIt\u2019s a fairly good position to be in,\u201d EU commission spokesman Tim McPhie told reporters. \u201cWe have a healthy level of gas storage for the start of this year, but we are by no means complacent. We know that this year will continue to be challenging.\u201d<br \/>\nThe commission estimates that joint gas storage levels stand at almost 84%, and that storage levels in December were 13% higher than the EU average in 2016-2018. Energy prices have also tumbled in recent months, in part due to milder than expected winter weather.<br \/>\n\u201cThe more we can invest in energy efficiency, reducing energy use, and the more that we can give a boost to renewables the better we will be based in terms of reducing our dependence on gas,\u201d which influences electricity prices and contributes to global warming, McPhie said.<a href=\"https:\/\/twitter-trends.digitnews.in\/\"><span style=\"color: #ffffff;\">.<\/span><\/a><br \/>\nThe first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of wide-ranging European efforts to find new, more reliable suppliers and replace resources once bought from Russia. AP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BRUSSELS, 4 Jan: Natural gas storage levels in the European Union stand at nearly 84% and were higher in December than the average amount in reserve 4-6 years ago, the EU\u2019s executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on Ukraine. Fearing winter shortages, the 27 EU countries began [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-208237","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-world"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/208237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=208237"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/208237\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=208237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=208237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=208237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}