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Analyst Yushkov commented on EU plans to set gas price limits


Leading analyst at the National Energy Security Fund Igor Yushkov, in an interview with RT, commented on the EU's intention to set a gas price limit at €188.

“It is important to note that this ceiling is not against Russian gas, as was the case with oil, but against anyone.

They perceive it not as sanctions, but as a tool to influence the market,” Yushkov explained.

The specialist also noted that the main problem, why it is impossible to agree, is that many are afraid that after the establishment of a price ceiling in Europe, the cost of gas in Asia will rise even higher.

“As a result, they (Europeans. -


) may well make a floating ceiling in the following formula: the cost of gas in Asian markets + $ 200 per thousand cubic meters.

This ensures that the price ceiling in Europe will always be higher than the current prices in Asia, which means that they will have the most expensive gas in the world, and this will allow them to keep gas volumes in their market,” the analyst said.

In his opinion, the price ceiling is needed in order to "block senseless and speculative price increases." 

Earlier, France's Energy Transition Minister Agnès Pannier-Runachet commented on the gas price limit.

According to her, the EU can set it at €188.

Source: russiart

All news articles on 2022-12-19

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