Price cap, negotiations continue between European states to reach a compromise on the gas price cap. The path still seems tortuous but, according to some forecasts, an agreement could already be reached at the meeting scheduled for Monday, December 19th. Minister Gilberto Pichetto Fratin talks about this as a guest on Sky Tg24 Economy, which also reveals the gas price ceiling requested by Italy for Europe. «I believe that on Monday we will close the maximum price: we will manage to reach a point of agreement – said the minister – On Tuesday we had at least reached an agreement between the 27 on the scheme, then the prime ministers said that it was fine and that the numbers had to be added. It is a matter of defining the point at which the blockade would occur: one travels in two large numbers or removes them completely, Italy’s request is 160, the Commission was at 220 euros per megawatt-hour ».
Meanwhile, results on the gas price front are also good. Indeed, on Friday, December 16th, gas futures prices closed at €117.5 per megawatt-hour in Amsterdam, down 12.8% from the closing price on Thursday, December 15th. December.
Source: IL Tempo
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.
