EU embargo on Russian gas 'impossible', says Austrian Chancellor Nehammer

Austrian Chancellor Karl Nehammer has said that an embargo on Russian gas in the European Union (EU) is "impossible" due to EU countries' heavy dependence on Russian energy

Austrian Chancellor Karl Nehammer
Austrian Chancellor Karl Nehammer
IANS Vienna
1 min read Last Updated : Jul 29 2022 | 10:11 AM IST

Austrian Chancellor Karl Nehammer has said that an embargo on Russian gas in the European Union (EU) is "impossible" due to EU countries' heavy dependence on Russian energy.

His comments came after a meeting with visiting Hungarian Prime Minister Viktor Orban in Vienna on Thursday, Xinhua news agency reported.

According to Austrian news agency APA, Nehammer added at a press conference that Germany and Austria's dependence on Russian gas makes an EU embargo "impossible," as the decline of the German economy would also impact Austria and lead to mass unemployment.

On Tuesday, EU member states agreed on a 15-per cent voluntary reduction of natural gas demand from the average of 2017-2021, in preparation for possible supply disruptions this winter.

At the press conference, the Austrian Chancellor also criticized the EU's slowness in establishing a joint energy purchase mechanism.

A common energy platform is now more important than ever to avoid competition between EU countries, he said.

"We are seeing many announcements by the European Commission but very little implementation," he added.

--IANS

int/khz/

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Russia Oil productionAustriaEuropean Unionenergy sector

First Published: Jul 29 2022 | 10:11 AM IST

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