Factbox: Europe's action in case Russian gas supply stops

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Factbox: Europe's action in case Russian gas supply stops
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European countries are putting plans in place to manage gas supply and even ration power in case Russian gas flows stop completely or a planned outage at the Nord Stream 1 pipeline is extended.

The European Union has rules to prevent and respond to a disruption in gas supplies. It sets out three levels of crisis: an early warning, alert and emergency. Member states are required to have plans in place for how they would manage the impact of a supply disruption at the three crisis levels.

The EU executive said it will present a plan on preparedness for more gas cuts from Russia to leaders in July.Austria, which gets around 80% of its gas from Russia, has activated the first step of a three-stage emergency plan. It will order industry and utilities to make plants run on alternatives to natural gas where possible.The country, which meets over 90% of its gas needs from Russia, has agreed to purchase U.S.

The Phase 2 "alarm stage" kicks in when the government sees a high risk of long-term supply shortages of gas. Under the plan, Germany will provide a credit line of 15 billion euros to fill gas storage facilities. A gas auction model will be launched this summer to encourage industrial gas consumers to save gas.Under a contingency plan, Greece, which uses gas mainly for power generation, would get additional quantities of LNG and switch four gas-fired plants to diesel.

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