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EU reaches gas price cap agreement at 180 euros/MWh
EU reaches gas price cap agreement at 180 euros/MWh
Business and Economy
by  AFP

EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the bloc of 180 euros per megawatt hour, effective from mid-February. Europe's benchmark price for natural gas delivered via pipeline was trading at just under 112 euros per megawatt hour on Monday.