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[Source: BBC] Italy has become the latest of a host of European countries to report further cuts in its Russian gas supply. Italian energy giant Eni said it would receive only half of the 63 million cubic metres per day it had requested from Gazprom on Friday, after experiencing shortfalls for two days. Germany has accused Gazprom of attempting to push up energy prices by sharply reducing supplies. Gazprom says repairs to the Nord Stream pipeline are to blame. Russia supplies 40% of the European Union’s natural gas. It also supplies 27% of the EU’s imported oil and the bloc pays Russia around €400bn ($430bn; £341bn) a year in return. The EU has made moves to wean itself off Russian fossil fuels in response to Vladimir Putin’s invasion of Ukraine, banning most oil imports by the end of 2022. It has committed to reducing gas imports from Russia by two-thirds within a year, but it has been hard to get agreement on any further measures, such as an outright import ban. Member states have been urged to store gas during the hotter summer months ahead of when demand for fuel increases in the winter, but Russia’s latest moves to […]
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