EU energy ministers have delayed agreeing a gas price cap for a second time amid divisions that threaten to prevent other measures to ease the bloc’s energy crisis from being introduced.
After an eight-hour emergency meeting in Brussels on Tuesday, ministers from the 27 member states agreed the rough framework of a mechanism to limit gas prices if they reached “excessive” levels, but failed to reach a deal on specifics such as the level at which the cap would be triggered.
“As this is extremely sensitive and as some of the countries believe that if we are wrong with the mechanism it can cause a much bigger problem . . .[They] feel the need to have more of a discussion with experts,” said Jozef Sikela, the Czech energy minister who chaired the meeting.