The European Union plans to start jointly buying gas before winter, the bloc’s energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil fuels and build a buffer against further energy supply shocks. The European Commission, the EU’s executive arm, last week proposed a plan for how the bloc could quit Russian fossil fuels by 2027, by speeding up investments in renewable energy and energy savings and switching to non-Russian fossil fuels. read more Russia, which supplies 40% of EU gas, since its invasion of Ukraine has cut off supply to Poland, Bulgaria and Finland, after they refused to pay for the fuel in roubles. In an interview with Reuters, EU energy policy chief Kadri Simson said […]