The European Union is seeking market- based natural gas prices for Russian supplies to Ukraine to end a dispute between the two nations and avoid possible disruptions to the bloc, which is pushing to diversify supplies.
European Union Energy Commissioner Guenther Oettinger signalled the bloc may have reached an agreement whether to ban oil imports from Iran.
EU Energy Commissioner Guenther Oettinger said he may propose governments increase the volumes of natural gas they are obliged to keep in storage.
"The role gas may play in the next decades will be decided in the next weeks."
- Guenther Oettinger on Aug 28, 2014