EU should reinforce joint gas purchasing to leverage market power: Draghi

The EU should strengthen its joint gas purchasing activities to make best use of its collective bargaining power and reduce its exposure to volatile spot prices, a report on European competitiveness published Sept. 9 found. The report by former Italian Prime Minister Mario Draghi — called “The future of European competitiveness” — also found that the EU faced an “increasingly…The EU should strengthen its joint gas purchasing activities to make best use of its collective bargaining power and reduce its exposure to volatile spot prices, a report on European competitiveness published Sept. 9 found. The report by former Italian Prime Minister Mario Draghi — called “The future of European competitiveness” — also found that the EU faced an “increasingly…Read More