Member of the European Commission (EC) for Energy Cadry Simson called the geopolitical tension of one of the causes of high gas prices. Reports about it “Interfax”
According to her, the current period is extremely important for the energy sector in the European Union. “Currently, in the short term, we will deal with high energy prices. Prices overestimated as a result of geopolitical tensions,” she said.
Simson added that structures for storing gas reserves in the EU is not enough. “Many ministers indicated that the situation on the eastern border [EU] and the position of Russia influenced the situation in the European energy market,” she added.
/Media reports.