Greece calls on EU to consider cap on LNG transport prices as energy prices surge

Greece asked the European Union on Wednesday to consider putting a ceiling on LNG transport prices as part of wide-ranging market controls to curb soaring energy costs.

Caps on LNG transportation costs should perhaps be introduced “to disincentivise speculation”, the country’s Prime Minister Kyriakos Mitsotakis proposed in a letter to Ursula von der Leyen, the president of the EU’s executive commission.