Spain's Sanchez says EUMED will push for dynamic gas price cap

Reuters| Alicante | Spain

Updated: 09-12-2022 23:48 IST | Created: 09-12-2022 23:45 IST

Image Credit: Wikimedia

The leaders of the nine EU countries of the Mediterranean have agreed at a summit in Alicante to push for a dynamic cap on gas prices rather than a fixed ceiling, Spanish Prime Minister Pedro Sanchez said on Friday.

"We will work in that direction so we (EU) can agree on a dynamic and efficient cap on gas price," he said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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