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PM Støre To Meet Gas Producers To Explore Longer Term Contracts

ENERGY SECURITY

Comments hitting wires from Norway's Prime Minister Jonas Gahr Støre on potential measures to stabilise gas prices.

  • Reuters says Støre will meet gas producers on Thursday to discuss prospects for longer term contracts that may stabilise prices on sales to Europe.
  • Støre: "I'd prefer to see gas prices stabilise at a lower level."
  • Norway has come under scrutiny for opposing a price cap on Russia gas while making record profits from gas exports to Europe.
  • Støre said on negotiations for a price cap on gas yesterday: 'We enter the talks with an open attitude, but are sceptical about a maximum price for gas. A maximum price will not do anything about the fundamental problem, namely that there is too little gas in Europe.'

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