EC proposes new energy regulations

The European Commission presented a new energy security package that is meant to create guidelines for what do in case of energy supply interruptions. Speaking on Tuesday in Brussels, Commission Vice-president Maroš Šefčovič said that the package "will increase Europe's resistance" to any potential energy crises. The package contains clauses regarding the development of LNG consumption in Europe, security revisions in the delivery of gas, as well as solidarity directives in which EU countries would have to supply their neighbors with energy in the event of any gas delivery troubles.