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Effects of the Energy Crisis on Commercial Contracts

On 5 August 2022, to increase the EU’s security of energy supply, the European Council adopted COUNCIL REGULATION (EU) 2022/1369 on coordinated demand reduction measures, aimed at reducing gas demand by 15% ahead of the 2022-23 winter season (the “Regulation”). The purpose of the Regulation is to contribute to the filling of storage capacities, help […]

Contributed by Schellenberg Wittmer
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