The EU has allowed a ceiling on prices for Russian gas at the European level

Fhe der Leyen allowed the ceiling of prices for Russian gas at the European level According to the head of the European Commission Ursula von der Leyen, the EU countries were able to meet the norm for gas storage capacity by 80% faster than planned

The EU allowed the ceiling of prices for Russian gas at the European level

Ursula von der Leyen

The time has come for the EU to introduce a ceiling on prices for pipeline gas from Russia, European Commission President Ursula von der Leyen said, Reuters reports. According to her, such a measure may be proposed at the European level.

The head of the EC also noted that the EU countries managed to fill gas storage facilities by 80% even earlier than planned.

Earlier, the leaders of the “Group of Seven” (G7; unites Great Britain, Germany, Italy, Canada, France, Japan and the USA) spoke about plans to limit prices for Russian gas. They discussed this idea at a summit in June. Italian Prime Minister Mario Draghi spoke about the EU’s plans to consider the price ceiling for Russian gas back in April.

Presidential spokesman Dmitry Peskov, commenting on this possibility, called the price ceiling a subject of discussion between the G7 countries and Gazprom.

After the start of the Russian military operation in Ukraine, the EU countries decided to reduce dependence on gas from Russia: buy it in other countries and switch to alternative energy sources. Moscow, in turn, has introduced a new mechanism for paying for gas for “unfriendly states” in rubles. Deliveries to countries that refused to pay in Russian currency, such as Poland and Bulgaria, stopped, and to some other countries (Germany, France)— reduced.

Against the background of rising gas prices and concerns about the complete cessation of supplies from Russia, a gas crisis began in Europe, the authorities of many countries urged residents to save energy resources. The European Commission has set a task for all EU countries to fill the storages by at least 80% before the start of the heating season (November 1).

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