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."

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

Last updated at:Sep-28 17:09By: Adam Burrowes
Commodities Bullets+ 8

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."

Related by topic

Commodities Bullets
Political Market News
Political Risk Bullets
Global Macro Analysis
Emerging Market News Coverage
Political Risk Coverage
FI Bullets
Homepage Section
FX Bullets