EU launches new round of joint gas buying
The European Commission on Wednesday launched a new round of joint gas buying, seeking demand from buyers for the next five years to help Europe replace Russian fuel.
The EU launched a joint gas buying platform in 2023 to try to hand participants more leverage to achieve better deals after Russia slashed gas deliveries to Europe in 2022, driving European energy prices to record highs.
(Reporting by Bart Meijer, Editing by Louise Heavens)
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