The Acropolis in Athens, Greece.

Greece will seek exemption from a European Union proposal to reduce gas use by 15% from next month until March, a government official said on Monday.

Following Russia’s invasion of Ukraine in February, European countries have been working to reduce their reliance on Russian gas and develop reserves.

Greece depends on Russia for 40% of its gas, two-thirds of which is utilized for power generation, and has experienced no disruption in supplies thus far.

In the first six months of the year, it increased LNG imports, replacing a significant portion of Russian fuel.

The European Commission suggested last week a voluntary objective for all EU countries to reduce gas use by 15% from August to March compared to their average usage from 2016 to 2021. more info

This came as Russian President Vladimir Putin warned that Russian supplies carried through Europe’s largest pipeline could be curtailed further, if not halted entirely.

The EU plan has been met with opposition from a wide range of nations, with some outright opposed to binding cuts and others unwilling to let Brussels oversee domestic energy consumption.

The most recent plan, produced by the Czech Republic, which presently chairs EU national meetings, allows a variety of exclusions from the compulsory aim of using less gas. On Tuesday, energy ministers will try to approve it. more info

“Greece will try to change this proposal tomorrow, so that the country is exempted from that cut,” said Greek government spokesperson Giannis Oikonomou.

According to Oikonomou, Athens prefers to base the comparison on last year rather than the average of the previous five years.

Source: Reuters

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