Berlin intends to consider imposing a cap on the price of natural gas, several Italian newspapers cited by Reuters reported today, citing a written message sent by Germany’s economy minister to European energy ministers.
According to reports, the message sent by Robert Habeck indicates that Berlin may consider imposing a cap on the price of natural gas at an emergency meeting of European Union energy ministers on September 9, which will deal with rising costs due to of reducing flows from Russia.
However, as Reuters points out, the exact wording of Hambek’s written message has not been made known.
Yesterday, Germany’s economy minister said the country was facing the “bitter reality” that Russia would not restore natural gas supplies to the country, referring to what Gazprom says is a temporary shutdown of Nord Stream 1 pipeline flows. due to maintenance work.
Source: Capital

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