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08 Sep
11:29

Italian ministry issues energy cap proposal

The Italian Ministry of Ecological Transition (Mite) has sent its proposal to the EU to cap energy prices by introducing a maximum price at which natural gas can be traded. The cap would cover all physical and financial transactions and should be high enough compared to pre-Ukraine war levels in order to be attractive for producers and exporters, it says in a document obtained by Kallanish. The cap would be at well above energy production costs, so as to represen…
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