European Fee President von der Leyen needs Russian gasoline value cap and sector income assortment – Muricas News

The European Fee will quickly suggest to place a cap on the worth of Russian gasoline provided by way of pipelines, and needs revenues from the vitality sector to go to shoppers and companies. Fee President Ursula von der Leyen mentioned this a couple of days earlier than a gathering of EU vitality ministers.

Russian President Vladimir Putin “utilizing vitality as a weapon to chop off provides and manipulate our vitality markets, he'll fail,” von der Leyen mentioned on Twitter, recalling that the Fee is getting ready proposals to focus on susceptible shoppers and assist corporations deal with excessive vitality costs.

These proposals will embody measures to scale back electrical energy consumption throughout peak hours, cap the worth of gasoline from gasoline pipelines, and assist shoppers and companies with vitality revenues – there are rising voices calling for a share of the “further earnings” that vitality corporations make on account of the disaster. The measures also needs to assist electrical energy producers to deal with liquidity issues, in accordance with van der Leyen.