Politics

Schinas-SKAI: Common market and storage of natural gas in Europe

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EU Vice President Margaritis Schoinas spoke on a historic day in Brussels, speaking on SKAI TV at night.

Commenting on FT post“Today we will see something very important, we will see Europe follow the path of vaccines for energy as well,” he said.

He added: “The time has come for big decisions. “There will be no independence of Europe from Russia in the energy unless we take a spectacular initiative to move in the market and in the supply of energy together”, stressed Mr. Schoinas, estimating that the proposal for joint procurement from the EU for to have better prices.

“We have a toolbox and many possible actions for Europe to become independent of Russian energy, topping the list is the common market, while another idea is the joint storage of gas in Europe,” he added.

At the same time, we propose direct interventions in energy tariffs such as the ceiling, but with other ideas such as intervention in the structure of the electricity market.

“Big decisions are made by leaders. We are close to the moment of truth. Tomorrow will be more important in the morning than in the evening. We are waiting for price decisions tomorrow “

We have advanced discussions with Qatar, Norway and Egypt, apart from the USA, the agreement with which has a special weight, Mr. Schoinas noted.

As Mr. Schoinas said, defining the implementation of the decisions is the coming winter.

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