Brussels set to table new proposal ‘soon’ to tackle high gas prices

Euractiv | Sep 30, 2022 at 8:08 PM
  • The European Commission will put forward a proposals to tackle high gas prices “soon”, the Czech EU presidency said after an extraordinary meeting of energy ministers on Friday (30 September).
  • Measures to tackle this could include a price cap on all imported gas or a new European price benchmark for liquified natural gas (LNG) to reflect the declining importance of Russian pipeline gas in the EU’s energy mix.
  • Instead, Turmes advocated for dialogue with Europe’s trade partners and called for EU talks with the US about LNG prices as it is now a matter of EU security following the sabotage of the two Nord Stream pipelines.