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EU to debate price cap on Russian gas
Other countries
- 05 September, 2022
- 16:43
Experts from the European Union (EU) countries will discuss setting a price cap on natural gas imported from Russia on September 7.
The meeting outlines "two possible instruments" to cap wholesale gas prices in case of further disruptions – or even a complete shutdown – of supplies coming from Russia.
The first "would involve a price cap on imported gas from Russia", while the second would see the creation of administrative pricing zones for the most severely affected EU countries, called 'red zones'.
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