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Russian state firm Gazprom operates Nord Stream 1 (Photo: gazprom.com)

EU to discuss gas-price cap, as Russia keeps pipe shut

EU countries are to discuss imposing a gas-price cap, as strained markets reopen this week to news that Russia's pipeline to Germany will stay shut.

Energy ministers meeting in Brussels on Friday (9 September) will consider caps on imported gas and on gas used for electricity production, according to a Czech EU presidency document seen by Reuters.

They will also discuss the creation of a "pan-European credit line support" for EU energy firms struggling to cope with market volatili...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Russian state firm Gazprom operates Nord Stream 1 (Photo: gazprom.com)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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