Prime Minister Jonas Gahr Støre (AP) discussed a price cap on gas with the EU in an interview with the Financial Times.
A price cap on gas is one of the measures that have been discussed in the EU to overcome the huge rise in the price of electricity.
In the electricity market, the most expensive form of production sets the price for the entire market. Now, that’s gas. Norway is the EU’s largest source of gas after Russia stopped its deliveries.
“I fully understand that Europe is now having a thorough debate about how the energy markets work,” Støre told the Financial Times.
“Norway does not close the door to any such discussions,” Støre added.
However, Støre warned the EU against introducing measures that threaten the security of supply before an uncertain winter.
He said that it is up to the companies that export gas to enter into short- and long-term agreements with their customers in Europe.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
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