European Union energy ministers are meeting in Luxembourg on October 25 to discuss a bloc-wide gas price cap and to map out their next moves, although it is likely to be weeks before any final decisions are made.
The 27-member bloc has been looking into ways to tamp down high energy prices after Moscow reduced gas supplies following its unprovoked invasion of Ukraine, prompting a record rise in power prices in August.
Ministers meeting in Luxembourg are expected to debate the principles of how an EU gas price limit could work, as well as possible drawbacks.
Gas prices have dropped in recent days, amid mild weather and as countries have filled storage tanks.
But some EU officials said a cap was still needed to guard against potential price spikes as Europe heads into winter.
