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Energy Commissioner Kadri Simson: "we need a price cap for Russian gas"

"The approach towards Russia and other partners has to be different. I personally also believe that this is necessary to introduce a price cap for Russian gas because we don't have sanctions on gas yet. So even if we are facing the crisis and we don't have enough supplies, households are protected."Kadri Simson,European Commissioner for Energy

Spiralling inflation, an unhealthy dependence on Russian energy, and the risk of power cuts. The European Commission faces one of its most concerning winters on record. So, what solutions can it provide? And how is it planning to ease the impact of growing bills on citizens? Euronews reporter Aïda Sanchez was joined on the Global Conversation with the European Energy Commissioner Kadri Simson. 

Aïda Sanchez, Euronews

The Commission president has just announced new sanctions. What do you think they will be?

Kadri Simson, European Commissioner for Energy

Well, this is ongoing work. And we are ready to react when we see that the previous packages have left something out of the scope. And this is what you can expect from ongoing work to ensure that Russia will not earn additional revenues that are unfair and that will help them to finance their war against Ukraine.

Aïda Sanchez, Euronews

And which are those things that have been left out of the scope previously, like concretely which proposals?

Kadri Simson

Well, it is a matter of implementation. And during the implementation, when you already have a consensual agreement on some sectors and services, you discover that you need to be well-targeted more specifically.

Aïda Sanchez, Euronews

And will they also have a focus on energy?

Kadri Simson

Energy has been covered already by several sanctions. I personally also believe that this is necessary to

Read more on euronews.com