EU leaders discussed high energy prices, failed to reach common conclusions, - Michel
11:25 18.12.2021 13053
The leaders of the European Union countries discussed in detail the problem of high energy prices, but due to disagreements they could not formulate a final statement on this topic, Charles Michel, President of the European Council said, Interfax reports.
"We have had quite lengthy discussions about energy. This is a very serious topic, it affects households, purchasing power, as well as the competitiveness of European businesses," Michel said during a press conference on Friday night following the EU leaders' summit.
"During the discussions, diverging views were expressed, so we were unable to reach agreement on final points regarding this topic," he added.
The European Council was to discuss recent changes in energy prices in the light of preliminary reports prepared by the Agency for Cooperation of Energy Regulators (ACER) and the European Securities and Markets Authority (ESMA).
In particular, the summit participants were going to touch upon the topic of whether there is speculation in the European energy markets.
Meanwhile, the spot price of gas in Europe soared above $ 1,700 per thousand cubic meters on Thursday evening after updating the weather forecast in the region to more severe values.
The updated weather forecast promises cold weather for Europe from the beginning of next week: a continuous decrease in temperatures throughout the week and its lower values than previously expected.
It is not excluded that the further increase in gas prices will be affected by the news of a further delay in the start of gas supplies via the Nord Stream 2 gas pipeline. On Thursday, the head of the German Federal Network Agency Bundesnetzagentur Jochen Homann said that a decision on certification of Nord Stream 2 in the first half of 2022 should not be expected. The process, in his opinion, will take more time.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.