European Union nations fail to close rift on gas prices as cold sets in
>> On winter’s doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills.
An emergency meeting of energy ministers only showed how the energy crisis tied to Russia’s war in Ukraine has divided the 27-nation bloc into almost irreconcilable blocs.
“The discussion was quite heated, and you all know that there are very divergent views,” said Czech Industry Minister Jozef Síkela, who chaired the meeting where ministers could not agree on when and how a price cap on gas purchases should kick in.
A massive August spike in natural gas prices stunned all but the wealthiest in Europe, forcing the bloc to look for a cap to contain volatile prices that are fueling inflation.
But the EU is deadlocked between nations demanding cheaper gas to ease household bills — including Greece, Spain, Belgium, France and Poland — and those like Germany and the Netherlands insisting supplies are at risk if a cap stops EU countries from buying gas above a certain price.
A solution was nowhere near the horizon — to the frustration of many.
“It’s already minus 10 (Celsius) in Poland,” said the nation’s energy minister, Anna Moskwa. “It’s winter now.”
The inability to find a compromise on the price cap also held up plans for joint gas purchases and a solidarity mechanism to help the neediest member states because the measures would be agreed on as a package.
Another emergency energy meeting was set for Dec. 13.
“The differences are really still major,” said Dutch Energy Minister Rob Jetten. “It means there is an awful amount of work ahead over the next two weeks.”