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Free AccessEU Commission Shares Paper On Gas Price Measures
The European Union Commission has shared a paper with EU member states outlining measures for bringing down the price of gas imports.
- Select quotes from the EU Commission paper:
- "The EU is ready to discuss a temporary measure to limit the influence of gas price on power prices."
- "Joint gas buying would help deliver equal access among EU countries to new gas sources."
- "Setting a price cap on Russian gas imports would help limit Russia's revenues."
- "A broad EU gas price cap risks disrupting the flow of gas across member states."
- "The EU Commission is ready to discuss a temporary measure to limit the impact of gas prices on electricity prices."
- "A broad EU gas price cap could only work if a new entity was formed to distribute gas between member states."
- "A price cap on gas used to generate electricity could help reduce electricity prices."
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.