
On December 19, the finalization of the price ceiling for natural gas is expected, as Europe’s “27” at the Summit has come one step closer to an issue that has long been of concern to the Union. Time calls for decisions, as Prime Minister Kyriakos Mitsotakis noted in his speech, hence the immediate agreement to solve the problem.
Among other things, according to international publications, the text of the conclusions refers to the creation of a mechanism that, on the one hand, will monitor the energy market, and on the other hand, will be, if necessary, of an interventionist nature. , with an eye on next winter, about which concerns are already being expressed.
At the same time, the same information states that the Summit decided to instruct the European energy ministers to finalize the ceiling agreement, the height of which is also a “splinter” in the negotiations so far.
And not just negotiations… One of the obstacles preventing reaching an agreement on the cap is the warnings of the American Intercontinental Exchange, which owns the majority stake in the Amsterdam Natural Gas Exchange, that it will leave if the price is capped, which caused a panic like reports Politico, in European capitals.
The Prime Minister, in his statements yesterday, expressed optimism that energy ministers will decide next Monday on the introduction of a ceiling on the wholesale price of natural gas. Mr. Mitsotakis appreciated that this would be a solution in line with Greece’s aspirations and insisted that everyone understand that there is no time to put things off for the future.
According to APE-MPE, Politico
Source: Kathimerini

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