The demand for gas in the EU was 24% lower than the average five -year rate in November after a similar decline in October. To get rid of Russian gas, the European community actively uses alternative sources or simply restrains consumption. Warm autumn and high gas prices also helped to reduce gas demand. According to the newspaper, Germany and Italy-the two largest gas consumption countries in the EU, reduced gas demand by 23% and 21%, respectively.
In France and Spain, the demand for "blue fuel" has decreased by the fifth part, and in the Netherlands - more than a third. The fall in demand led to the fact that in mid -November gas storage facilities in the EU were filled by 95%, which is almost a historical maximum. But colder weather has increased demand in recent weeks, and the storage facilities are now filled by about 93%. At the same time, the oil embargo on the Russian oil to the European Union came into force on December 5.
The oil pricing ceiling from Russia has installed $ 60 per barrel. The EU, G7 and Australia agreed to the ceiling of Russian oil prices on December 2. The companies of these countries will now not be able to provide brokerage, insurance and other services for oil transportation of oil from the Russian Federation to third countries, if it is not sold at a price lower than the ceiling. If individuals or companies violate this rule, they are at risk of sanctions.
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