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EU needs blanket cap on wholesale gas prices to ease crisis, 15 energy ministers warn

By Stefano Porciello ( September 28, 2022, 09:27 GMT | Insight) -- An EU price cap on all wholesale natural gas transactions is essential to stem rising energy costs, ministers from 15 countries have said in a letter to the bloc's energy chief, Kadri Simson. Acknowledging emergency measures already put forward by the European Commission, including a cap, they warned: “We have yet to tackle the most serious problem of all: the wholesale price of natural gas.” An EU price cap on all wholesale natural gas transactions is essential to stem rising energy costs, ministers from 15 countries have said in a letter, seen by MLex....

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