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EU Leaders to Discuss Joint Gas Purchases at Summit in Late May

  • Race for alternatives to Russian energy risks supply fight
  • Bloc also plans to discuss design of electricity market

European Union leaders plan to discuss common gas purchases at a summit late next month as they seek to avoid competing against each other for alternative energy supplies in the effort to phase out purchases from Russia.

The bloc’s two-day summit starting May 30 is expected to cover a solidarity mechanism to support member states facing gas shortages, energy interconnections in the bloc, the security of energy supplies and possible changes to the EU’s electricity market, according to people familiar with the discussions.