The Minister of Environment and Energy notes that due to high prices, many households will not be able to buy natural gas and this will amount to a gas cutoff situation.
Mr. Skrekas argued, once again yesterday at the meeting of the informal Council of European Energy Ministers in Prague, that the imposition of a ceiling at the wholesale level is the best option to deal with the huge price fluctuations in the natural gas market.
The Minister of Environment and Energy said that Europe must take immediate decisions on both sufficiency and price reduction.
At the same time, he emphasized that although increased quantities of natural gas are arriving in the EU, prices are skyrocketing and “this means that the markets are not working properly and availability is not a matter of price but of infrastructure adequacy”.
The Greek side called for a variable cap on the TTF index that would ensure natural gas is only marginally more expensive than in Asia and other regions, and not double the price paid on other continents.
The Minister of Environment and Energy pointed out that the proposal of 15 Member States ensures that there will be no shortages in most Member States. “Price is just as important as availability, as some consumers and households cannot afford to buy gas at high prices. As they will not be able to cope with these conditions, their condition will be equivalent to an interruption of the natural gas flow».
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