EU committing ‘energy suicide’ – Gazprom CEO ...News

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EU committing ‘energy suicide’ – Gazprom CEO
The bloc’s economy is suffering without cheap Russian gas, Alexey Miller has said The EU economy is suffering without cheap Russian gas and its industrial production has slumped to record lows, Gazprom CEO Aleksey Miller has said. His comments came after the German government warned that the EU’s economic powerhouse is facing a second consecutive year of recession in 2024.  The EU gas market is seeing ‘demand destruction’, Miller told the St. Petersburg International Gas Forum on Thursday. The term refers to a situation in which persistently high prices or limited supply of a certain commodity lead to lower demand

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