The EU plans to announce the first joint tender for the purchase of gas in April

The EU plans to announce the first joint tender for the purchase of gas in April

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In April, the European Union plans to enter the world gas market for the first time as a cartel of buyers and announce a tender for the purchase of gas.

It is reported Bloomberg.

According to preliminary estimates, the joint demand of 27 countries of the bloc and three neighboring countries amounts to 24 billion cubic meters of gas for the next three years, said Vice President of the European Commission Maros Šefčovych.

The EU expects the first contracts with suppliers from around the world – from the US to the Middle East and Africa – to be signed around June, following the tender announcement in April.

Shefčovych noted that he observes interest in joint purchases from industrial gas consumers in such industries as the production of steel, aluminum, ceramics, glass, and automobiles.

On the supplier side, he said, more than 50 companies from around the world are interested in cooperating with Europe through a common energy platform.

After the first tender, the EU will organize more joint purchases on a regular basis to ensure the bloc has enough gas. Although European storage is still about 61% full with gas thanks to a mild winter, increasing attention is being paid to replenishing stocks before the next heating season.



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