European firms warn EU that capping gas prices could harm markets and reduce energy security.
European energy firms are urging the EU to avoid capping gas prices, arguing it could destabilize markets and reduce supply security. Despite rising costs, industry groups claim a cap could harm trust in EU gas pricing, push traders to use non-EU benchmarks, and complicate LNG imports. The EU plans to unveil measures on February 26 to boost industrial competitiveness and make energy more affordable.
2 months ago
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