Press
2023-02-28
Global gas consumption in Portugal falls 12.9% between August and December
The EC said to be "in contact" with Spanish and Portuguese authorities to extend, after May, the deadline for the iberian mechanism that limits the price of gas in electricity production, pending notifications from Portugal and Spain.
2023-02-28
Global gas consumption in Portugal falls 12.9% between August and December
The aim is for Member States to reduce their natural gas consumption by 15% by 31 March 2023 (compared to the historical average in this period, considering 2017-2021), in order to increase the level of European storage.
2023-02-28
Global gas consumption in Portugal falls 12.9% between August and December
The months show that Portugal was the seventh EU country with the least reduction in global gas consumption, as between August 2022 and January this year, the country recorded a decrease of about 17% in terms of the average of the last five years,...
2023-02-28
Global gas consumption in Portugal falls 12.9% between August and December
The EC said to be "in contact" with Spanish and Portuguese authorities to extend, after May, the deadline for the iberian mechanism that limits the price of gas in electricity production, pending notifications from Portugal and Spain.
2023-02-28
Global gas consumption in Portugal falls 12.9% between August and December
This compared with the EU's existing target since last August to voluntarily reduce 15% of gas consumption by spring 2023, with a view to increasing storage in member states and creating a 'cushion' in the face of possible a collapse in Russian supply.