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European Union Gas Cap Remains in Play

NATURAL GAS

The European Union could introduce a gas price cap this winter to limit excessive price spikes EU energy commissioner Kadri Simson said earlier.

  • "This Dutch TTF gas benchmark cap, we can introduce this winter already if we get the mandate," she said.
  • The European Commission said last week it could make a legal proposal for a temporary "dynamic" cap on the Dutch TTF gas exchange, but only if EU countries requested the measure.

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