EU begins collective gas buying ...News

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EU begins collective gas buying
More than 100 firms are expected to participate in joint LNG purchases The European Commission has published its first international tender for the collective purchase of liquified natural gas (LNG) through a new EU mechanism, its vice-president for interinstitutional relations, Marosh Shefchovich, said on Wednesday. According to the official, the first tendering round is open until May 15, and covers gas deliveries from June 2023 until May 2024 with 77 companies from across the EU having submitted requests for a total volume of around 11.6 billion cubic meters (bcm) of gas. He added that demand for the super-chil

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