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EU agrees to gas price cap Czech Republic

The limit will reportedly be set at ?180 per megawatt-hour

After weeks of negotiations, European Union energy ministers on Monday agreed to set the price cap on wholesale gas at €180 per megawatt-hour (MWh), according to Reuters, citing representatives of the Czech Republic.

The report says the cap will come into force on February 15. It will trigger if the Dutch TTF natural gas future