Home News The European Commission will examine the possibility of capping prices on gas...

The European Commission will examine the possibility of capping prices on gas imports from Russia


“Commission has been given a mandate to study the feasibility of capping gas prices,” Draghi told reporters in Brussels after a summit of EU leaders agreed to a 90% reduction in oil imports from Russia by the end of the year. Agerpres.

“Italy will not be penalized under the agreement. The obligation not to import Russian oil will apply to us from the end of the year, “the Italian prime minister said.

Gazprom will cut off natural gas supplies to Orsted (Denmark) and Shell Energy, which supplies some of the gas to Germany on Wednesday (June 1st), for failing to pay in rubles for gas delivered in April, the Russian company said on Tuesday.

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Gazprom Export has demanded that European customers pay in rubles for Russian gas supplies as a result of sanctions imposed on Moscow for invading Ukraine.

Gazprom has already stopped delivering gas to Poland, Bulgaria, Finland and the Netherlands in the absence of ruble payments from the four countries.

Gazprom also confirmed that it had completely stopped supplying gas to the Netherlands after the country’s gas trader, GasTerra, refused to make payments in rubles.

“Payments for gas supplied from April 1 must be made in rubles, according to the new requisites, of which the parties were informed in due time,” Gazprom said in a post on Telegram on May 31.

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