Official: EU may postpone gas price limit decision to Dec 19

BRUSSELS, Dec 13 (PRIME) -- The E.U. may postpone a decision on a gas price limit to December 19, if no agreement is struck at a meeting of the energy ministers on Tuesday, Industry and Trade Minister of the Czech Republic Jozef Sikela told reporters.

European Commissioner for Energy Kadri Simson said that the opinions and reservations among the E.U. states differ vastly on the issue, and the coming discussion would not be easy.

On November 22, the European Commission suggested setting the upper limit of the price of monthly gas futures under the TTF index at 275 euros per MWh. The Financial Times reported that after postponing the decision, the E.U. states were considering reducing the limit to 220 euros per MWh.

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