Norway opposes Russian gas price cap ...News

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Norway opposes Russian gas price cap
source : Russia Today ( News ) () 32
The move could exacerbate shortages in the EU, the energy ministry warns Norway is against the EU proposal of setting an artificial price ceiling on Russian natural gas, according to the country’s Oil and Energy Ministry. “This could exacerbate the problem Europe already faces, namely gas shortages,” Stein Grimsrud, a ministry spokesman, told the Izvestia news outlet. Norway has become a key gas supplier for the EU after Russian flows dwindled due to sanctions and technical problems. The share of gas imported to the bloc from Russia has dropped from 41% to 9% since the beginning of the year, European Commissioner

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