EU Energy Council to discuss energy prices and security of EU energy supply
17:18 09.09.2022 11037
An extraordinary EU Energy Council will be held in Brussels on Friday to discuss high prices in the energy market and issues of security of energy supply to the EU countries, according to a communiqué published in Brussels.
«EU energy ministers will exchange views during two meetings. During the first discussion, they will exchange views on possible urgent measures to reduce high energy prices. Then the ministers will report on the state of readiness of their countries for the coming winter,» the Council said in a statement, Interfax reports.
According to the communiqué, «Ministers will be asked to identify preferred measures that can be implemented at EU level in a short timeframe to ease the burden of high energy prices on citizens, public services, businesses and industry».
Announcing the contribution of the European Commission to the upcoming discussion on September 7, EC President Ursula von der Leyen insisted on the idea of imposing a ceiling price on Russian gas.
«We are aimed at lowering the price of gas. In this regard, we will propose a ceiling on Russian gas prices,» von der Leyen said in a special statement. She added that the EU reduced imports of Russian gas from 40% to 9%.
It is expected that during the ministerial discussion the issues of joint purchases of energy resources by the EU countries, the separation of prices for gas and electricity and the structural reform of the electricity market will be touched upon.
The meeting will be chaired by the Minister of Industry and Trade of the Czech Republic, Josef Sikela, and the European Commission will be represented by EC member for energy Kadri Simson.
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The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
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