EU Energy Ministers To Discuss Natural Gas Price Cap ...Middle East

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The energy ministers of the European Union will discuss price caps on natural gas as one of the measures to fight excessive energy prices across the bloc, Reuters has reported. The discussion will take place on September 9 and will involve suggestions such as a price cap on natural gas imports, caps on the gas used for electricity generation, and the temporary exclusion of gas-fired power plants from the bloc’s electricity price-setting system, the report noted. The President of the European Commission Ursula von der Leyen last Friday called…

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