Gas: EU agencies, no impact on prices from price cap

(ANSA) - BRUSSELS, JAN 23 - So far the EU gas price ceiling has had no influence on the financial and energy markets.

It emerges from the two preliminary reports published by the EU agency for the cooperation of national energy regulators (Acer), and by the European Financial Instruments and Markets Authority (ESMA).

    According to the EU agencies, the fall in gas prices in recent months is not due to the EU mechanism for price correction, but rather to trends already present before the adoption of the regulation: reduction in demand, mild winter, stock full, slow reaction of the industry in the face of falling prices.

(HANDLE).