The European Union will propose member states to fill their gas storage to at least 90% of capacity before winter and is considering a cap on gas and electricity prices. According to France Presse news agency, the European Commission thus seeks to reduce purchases of Russian gas by two thirds. The International Energy Agency is also preparing a series of measures to reduce Europe’s dependence on Russian gas, said the US secretary of energy Jennifer Granholm. In Bucharest, energy minister Virgil Popescu said Romania will also secure its supply of natural gas for next winter from other sources, including the Black Sea, through the off-shore exploitation of a perimeter by the company Black Sea Oil & Gas. The project began two years ago, is about to be finalised and is estimated to provide 10% of the country’s gas supply by the end of the year.
