The Twenty-seven agree to cap Russian gas and urge Brussels to set a target for reducing electricity consumption

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EU energy ministers have agreed to task the European Commission with drawing up a formal legislative proposal to limit the price of gas and also establish a mandatory target for reducing electricity consumption at peak hours. The legislative proposals will be approved and presented next week, at the meeting of the College of Commissioners to be held in Strasbourg, coinciding with the plenary session of Parliament. Czech Industry Minister Jozef Síkela said at the end of the ministers' meeting that "we now expect the Commission to propose a temporary emergency intervention, including a gas price limit."

It is not clear whether this maximum limit will be established exclusively for Russian gas imports, as proposed by the President of the Community Executive, Ursula Von der Leyen and a majority of countries, or for all gas imports, as proposed by some governments, including them the Belgian.

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