Norwegian prime minister skeptical of gas price cap idea
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Norway is skeptical about the idea of introducing a natural gas price ceiling because it will not solve Europe’s fundamental problem of low gas, Prime Minister Jonas Gahr Stere said.
“We enter into negotiations without prejudice, but we are skeptical about the price ceiling for natural gas. A price ceiling will not solve the fundamental problem that there is too little gas in Europe,” he said (quote by Interfax). He made such a statement after a telephone conversation with the head of the European Commission Ursula von der Leyen.
Energy ministers of the European Union (EU) countries in Brussels during an emergency meeting of the EU Energy Council on September 9 were unable to agree on the introduction of a price ceiling for Russian gas. Bloomberg sources explained that the EU countries are in no hurry to limit prices only for Russian gas due to fears that the Russian Federation in response may completely stop its supplies.
The fact that Russia will not sell energy resources to the EU on unfavorable terms was said by Russian President Vladimir Putin on September 7 at the WEF-2022 in Vladivostok, calling the idea of an administrative way to limit gas prices from Russia “nonsense and nonsense.” “Will any decisions of a political nature be made that contradict the contracts? Yes, we simply will not fulfill them! And we won’t supply anything at all if it contradicts our interests,” Putin warned.
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