OUR Norwaywhich has now become the largest supplier natural gas per Europe in her place Russiatreats its price ceiling with “reservations” as proposed by many of its member countries. EUROPE.Norwegian Prime Minister Jonas Gahr Stere announced this today.

“We agree to have even closer dialogue with the EU in the future. concerning the various proposals that are on the table,” Stehre said in a statement following a telephone conversation with European Commission President Ursula von der Leyen.

“We approach the negotiations with an open mind, but we are cautious about setting a maximum price for natural gas. The introduction of the restriction will not change anything in the fundamental problem, which is that there is too little gas in Europe,” he said.

Energy ministers from EU member states, meeting in Brussels on Friday, called for a series of measures to slow down the explosive growth in electricity and gas bills. Some call for a cap on the price of natural gas imported into the EU. While the Commission has proposed capping gas coming from Russia, many countries, such as Italy, are taking the view of capping all natural gas imports, including LNG. gas (LNG).

Norway, which has benefited from higher prices, has so far avoided taking a cap position and has turned the issue over to oil companies negotiating contracts. Norway recently overtook Russia to become the largest supplier of natural gas to Europe, as its own supplies rose by 8% while those from Moscow declined.

^{Source: APE, AFP, Reuters.}