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Spain Opposed to EU Gas Cap Plans

NATURAL GAS

Spain's Prime Minister Pedro Sanchez said the European Commission's proposal to put a cap on natural gas prices is not going in the right direction and may even lead to price increases.

  • "Spain considers this proposal can have perverse effects, not gas price reductions but even price increases," he said.
  • The proposal "is clearly not enough," Sanchez said, adding: "We are not on the right path if this is the option".

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