The EC will present the plan for the gas price ceiling within a week

The EC will present the plan for the gas price ceiling within a week
The EC will present the plan for the gas price ceiling within a week

OFFNews Last modified on September 11, 2022 at 6:31 p.m 131 0

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German Economy and Climate Minister Robert Habeck supports the measure

The European Commission will present a proposal to introduce a common upper limit on gas prices in September, Italian Minister for Modernization and Environmental Transformation Roberto Cingolani told La Repubblica.

According to him, 15 EU countries have supported the introduction of a gas price ceiling. “The German Minister of Economy and Climate, Robert Habeck, supports the measure,” Chingolani added, quoted by BGNES.

Meanwhile, the German government wants to first study the possible risks of introducing a gas price cap in any of the union’s member states, he said. According to him, it is pointless to impose price restrictions only on Russian gas.

Chingolani said it was “fair” that Europe, as the world’s largest buyer, should help set the price of gas to protect businesses and citizens.

European energy ministers have agreed in principle to cap the price of natural gas to curb record energy costs. This became clear after the end of their extraordinary meeting in Brussels on Friday.


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Tags: present plan gas price ceiling week