EU ministers reach “political agreement” on gas demand reduction

EU ministers have reached a “political agreement” on gas demand reduction, according to the Czech Presidency of the Council of the European Union.

The Czech Presidency announced the agreement in a tweet on Tuesday, saying “this was not a Mission Impossible.”

EU energy ministers met in Brussels on Tuesday to discuss energy supply amid a reduction in flows of Russian gas.

Some background: Last week, the European Commission laid out its “Save Gas for a Safe Winter” plan which asked the 27 member states to reduce their gas demand by 15% between August and March next year. This reduction is based on countries’ average gas consumption during the same months over the past five years.