Italy: Gas price cap should apply to all gas purchases

Italy will propose that the gas price cap be applied to all gas purchases, not just imports from Russia. If a decision is made to impose a cap on natural gas prices at the EU energy ministers meeting to be held tomorrow, Italy will propose that this be applied to all gas purchases in the EU, not just imports from Russia. "All physical and financial transactions in all European gas markets should not be subject to a price cap. Not only imports from Russia, but also imports from other countries and gas production within the EU should be included in the price cap," Italy's proposal to present to EU energy ministers reads.