The Czech Republic, which holds the rotating presidency of the EU, drafted a new deal in a bid to break the deadlock at its meeting on Monday.
His proposal includes activating a maximum if Dutch Gas Trading Facilitation Center (TTF) contract prices in contracts for the nearest month exceed 188 euros ($199) per megawatt-hour over a three-day period.
The proposal falls well short of the €275 ($291) per megawatt-hour level originally proposed by the European Commission, which proponents of the cap, including Belgium, Poland and Greece, have described as too high.
These countries say that the upper limit must be less than two hundred euros to be able to cope with high gas prices, which have caused consumers’ bills to rise.
And it was Russia The largest gas supplier of the European Union before the outbreak of the crisis in Ukraine last February.
Since then, snapped Fly Most of the gas was being sent to Europe, sending prices skyrocketing and pushing inflation to record highs.
The countries of the European Union have agreed to set a maximum price per barrel Russian oil By sea at $60.
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Despite months of negotiations and the holding of two emergency ministerial meetings on a proposal European Union To set a price ceiling, countries have not agreed on it and differ among themselves on whether it will alleviate or exacerbate the energy crisis in Europe.
The Czech Republic, which holds the rotating presidency of the EU, drafted a new deal in a bid to break the deadlock at its meeting on Monday.
His proposal includes activating a maximum if Dutch Gas Trading Facilitation Center (TTF) contract prices in contracts for the nearest month exceed 188 euros ($199) per megawatt-hour over a three-day period.
The proposal falls well short of the €275 ($291) per megawatt-hour level originally proposed by the European Commission, which proponents of the cap, including Belgium, Poland and Greece, have described as too high.
These countries say that the upper limit must be less than two hundred euros to be able to cope with high gas prices, which have caused consumers’ bills to rise.
And it was Russia The largest gas supplier of the European Union before the outbreak of the crisis in Ukraine last February.
Since then, snapped Fly Most of the gas was being sent to Europe, sending prices skyrocketing and pushing inflation to record highs.
The countries of the European Union have agreed to set a maximum price per barrel Russian oil By sea at $60.
