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European Gas Cap Waits Till Monday

NATURAL GAS

The EU aims to close the deal on a gas price cap on Monday according to Czech minister Sikela.

  • “I think we have a good feeling where we can basically fix the final amount,” Sikela said.
  • “However, it is an extremely fragile balance and this is the first time that we basically try to intervene in the global markets.” he added.
  • Sikela said the ministers had requested expert advise before their next meeting on Monday on the level of the price cap.

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