EU-RUSSIA: EU Commission Shares Paper On Gas Price Measures

Sep-28 17:09

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."

Historical bullets

US TSY OPTIONS: 10Y Put Vertical

Aug-29 17:04
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STIR: BLOCK, SOFR Red-Pack Strip

Aug-29 17:02
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OUTLOOK: Tuesday Data Calendar

Aug-29 16:47
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