EU proposes new measures for energy crisis – Von der Leyen

The European Commission announced a range of new measures this week to tackle soaring energy prices and security of supply.

The proposals include joint gas purchasing, solidarity between Member states and gas savings initiatives. The Commission is also recommending a new “complementary” benchmark for the price of liquified natural gas or LNG. It says the existing benchmark system known as the TTF (Title Transfer Facility) is influenced by “Russian manipulation of natural gas supplies to the EU”.

The President of the European Commission, Ursula von der Leyen, explained why they're recommending a new benchmark for LNG. 

Out words: 00:40

Dur: filling season