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EU could face gas shortage next year

The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday, urging governments to act faster to save energy and expand renewables.

read more... 13/12/2022

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EU at odds over gas price cap as 12 countries criticise latest proposal

A dozen countries including Belgium, Italy, Poland and Slovenia have made a push to "significantly" lower a planned European Union cap on gas prices, as the bloc struggles to strike a deal on the measure.

read more... 12/12/2022

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Germany, Netherlands set out red lines on EU gas price cap

Six European Union countries, including Germany and the Netherlands, have warned that they cannot accept other member states' attempts to lower further the level at which the bloc will cap gas prices, according to an email seen by Reuters.

read more... 09/12/2022

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EU struggles to agree gas price cap, considers 220-euro limit

European Union countries on Tuesday considered the latest proposal for a lower gas price cap of 220 euros ($231), a week away from a meeting when the bloc hopes to resolve an issue that has deeply divided the 27 member states.

read more... 07/12/2022

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Netherlands proposes EU gas price cap for state-backed buyers

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for government-owned or state-supported buyers.

read more... 06/12/2022

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