Latest news and stories about gas prices in Portugal for expats and residents.
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The European Commission is resisting pressure from some member countries to temporarily import Russian fossil fuels.
Biomethane production from urban and livestock waste could replace a large portion of the imported natural gas currently flowing through the networks. In contrast to green electricity, Portugal is lagging behind.
Experts say that Europe “has become more resilient”, but has also become “more exposed to the volatility of global markets”
The European Commission guarantees that the 27 member states are not yet facing a shortage of oil and natural gas.
“In the current crisis, some argue that we should abandon our long-term strategy and even return to Russian fossil fuels. That would be a strategic error; it would make us more dependent, more vulnerable, and weaker,” she said, in an allusion to the Prime Minister of Hungary.
PRESS REVIEW | Natural gas is expected to increase in October
With votes against from Hungary and the Czech Republic and an abstention from Bulgaria, the Council of the EU decided that imports will be gradually reduced until the ban takes effect in early 2027.
The PCP's bill sets the price of a 13-kilogram gas cylinder at €20, taxes included.
The European Union has been accused of fuelling Russia's war effort through imports of liquefied natural gas. Europe continues to import large quantities of gas from the Yamal gas complex, according to new data.
The Energy Services Regulatory Authority has launched an online tool.
