Commodities and Futures News

Poland wants right to block EU plan to reduce gas demand, PM says

2022.07.28 22:29

2/2
Poland wants right to block EU plan to reduce gas demand, PM says
FILE PHOTO: Polish Prime Minister Mateusz Morawiecki speaks to the media as he arrives for the second day of a European Union leaders summit as EU leaders attempt to agree on Russian oil sanctions in response to Russia’s invasion of Ukraine, in Brussels,

2/2

WARSAW (Reuters) – Polish Prime Minister Mateusz Morawiecki said on Thursday that a possible decision on a compulsory reduction in gas consumption in the European Union must be made unanimously, not by a qualified majority vote.

European Union countries bracing for further cuts in Russian gas supplies on Tuesday approved a weakened emergency plan to curb demand, after striking compromise deals to limit consumption reductions for some countries.

Under the plan the cuts could be made binding in a supply emergency, provided a majority of EU countries agree. Hungary was the only country that opposed the plan, two EU officials said.

Poland had said it was against binding cuts, and on Thursday Morawiecki said he wanted to have the possibility to veto such a decision.

“We absolutely favour such a vote in this matter – due to the fact that it concerns electricity, the energy mix – being in the mode of so-called unanimity, where Poland has the right to veto. We demand it,” he told private broadcaster Polsat News.

“If the EU tries to coerce us into voting by qualified majority, we will protest strongly. If necessary, we will make a formal veto, and then, unfortunately, the attitude to this veto will depend on decisions of the bodies of the European Union.”

Poland’s climate minister said in a separate interview that Poland has already achieved a significant reduction in gas consumption and a discussion about compulsory cuts was “unnecessary”.

“I hope it will never happen … we will absolutely not support such a (compulsory) reduction, and in the worst case, if we are outvoted, we simply won’t comply,” Anna Moskwa told public broadcaster TVP.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,384.36 2.62%
ethereum
Ethereum (ETH) $ 3,481.33 1.11%
tether
Tether (USDT) $ 0.999169 0.09%
xrp
XRP (XRP) $ 2.28 1.34%
bnb
BNB (BNB) $ 709.00 2.53%
solana
Solana (SOL) $ 196.95 0.98%
dogecoin
Dogecoin (DOGE) $ 0.331208 0.17%
usd-coin
USDC (USDC) $ 1.00 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,477.94 1.09%
cardano
Cardano (ADA) $ 0.91352 1.69%
tron
TRON (TRX) $ 0.256517 0.43%
avalanche-2
Avalanche (AVAX) $ 40.69 1.32%
chainlink
Chainlink (LINK) $ 24.62 0.09%
the-open-network
Toncoin (TON) $ 6.02 4.93%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,129.17 0.71%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 0.22%
sui
Sui (SUI) $ 4.49 3.47%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,007.26 2.53%
hedera-hashgraph
Hedera (HBAR) $ 0.311304 4.90%
stellar
Stellar (XLM) $ 0.384902 0.04%
polkadot
Polkadot (DOT) $ 7.46 0.18%
weth
WETH (WETH) $ 3,479.12 1.13%
hyperliquid
Hyperliquid (HYPE) $ 28.40 3.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 464.89 1.48%
leo-token
LEO Token (LEO) $ 9.53 1.12%
uniswap
Uniswap (UNI) $ 13.99 2.45%
litecoin
Litecoin (LTC) $ 108.89 0.47%
bitget-token
Bitget Token (BGB) $ 5.78 16.66%
pepe
Pepe (PEPE) $ 0.000019 1.01%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,672.55 0.93%
near
NEAR Protocol (NEAR) $ 5.51 1.59%
ethena-usde
Ethena USDe (USDE) $ 0.999219 0.06%
aave
Aave (AAVE) $ 373.10 0.95%
internet-computer
Internet Computer (ICP) $ 11.37 2.50%
usds
USDS (USDS) $ 1.00 0.29%
aptos
Aptos (APT) $ 9.65 0.29%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.518587 0.64%
crypto-com-chain
Cronos (CRO) $ 0.159143 2.81%
vechain
VeChain (VET) $ 0.052259 0.88%
mantle
Mantle (MNT) $ 1.24 0.77%
ethereum-classic
Ethereum Classic (ETC) $ 27.55 0.89%
render-token
Render (RENDER) $ 7.58 3.60%
bittensor
Bittensor (TAO) $ 514.78 2.91%
monero
Monero (XMR) $ 196.21 3.34%
mantra-dao
MANTRA (OM) $ 3.80 0.34%
whitebit
WhiteBIT Coin (WBT) $ 24.91 1.40%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.36 2.06%
dai
Dai (DAI) $ 0.999908 0.09%
arbitrum
Arbitrum (ARB) $ 0.802207 1.98%
filecoin
Filecoin (FIL) $ 5.37 0.37%