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European Union proposal to cap the price
Europe pays for
Russian gas did not receive broad support from energy ministers in a meeting on Friday, two diplomats with knowledge of the talks told Reuters.
“There was a big debate about capping the price of gas, and the Commission should come up with a proposal that will help reduce the prices of all gas, but at the same time will not jeopardise gas supplies to Europe,” one of the diplomats said.
On Wednesday, European Commission President
Ursula von der Leyen said European Union countries should set a price cap on Russian gas.
The finance ministers from the
G7 countries have already agreed to impose a price cap on Russian oil exports.
Asked about the plans at an economic form last week,
President Putin said Russia’s response to price caps would be to “just halt supplies” of gas, oil, diesel oil, and coal.