The EU’s council of energy ministers will hold another extraordinary meeting on 24 November
EU takes aim at the TTF
The bloc’s energy crisis plans include proposals that threaten to distort the global gas market and may have unintended consequences
The EU’s council of energy ministers will hold another extraordinary meeting on 24 November, “where we will conclude everything”, says council chairman and Czech trade minister Jozef Sikela. His statement came after the council met to discuss European Commission proposals to tackle the energy crisis, although significant disagreement between member states has been widely reported. The proposals comprise the introduction of joint gas purchasing by member states, establishing what EU Energy Commissioner Kadri Simson terms a “dynamic cap on TTF” prices before the eventual introduction of a new, alternative gas benchmark and further measures “to strengthen solidarity between member states”. Afte
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
