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EU brokers energy crisis agreement

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EU brokers energy crisis agreement


An agreement to restore gas flows was brokered by the EU under the current Czech presidency.

Czech Prime Minister Mirek Topolanek oversaw the signing by this Ukrainian counterpart Yulia Tymoshenko. Topolanek said: “Now the EC is taking over in order to make sure this leads to a solution to the problem and once that solution is in place, the Russian Federation has promised that it will start resuming its supplies.” The Russians initially said they could not restart supplies as they did not have a copy of the monitoring agreement but the European Commission contradicted that. Even once Russia’s Gazprom restarts supplies, it will take at least 36 hours for the flow to reach full capacity. Countries affected have had to use oil,or in the case of Slovakia reopen a nuclear power plant that it shut down at the end of December because of EU safety concerns.

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