The European Union did not completely refuse to introduce a price ceiling, but only postponed its introduction due to political differences.
The European Union has decided not to introduce a ceiling on gas prices due to political disagreements in the countries of the association and problems with fuel supplies. On Tuesday, October 18, according to Bloomberg.
According to the agency, European officials want to launch a new liquefied natural gas index to better monitor the “energy reality of the region” after the cessation of pipeline gas supplies from Russia.
At the same time, the report says, the European Union did not completely refuse to introduce a price ceiling, but only postponed its introduction. If a consensus is reached, the European Union is ready to return to the discussion of the price ceiling for Russian gas at any moment.
The European Union plans to present a new emergency package to address the energy crisis, with a focus on strengthening solidarity among member states. In particular, it is planned to buy fuel together.
Remember, last week it was reported that the EU intends to limit gas prices in anticipation of the beginning of winter.
European gas storage facilities are 90% full
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Source: korrespondent

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.