“The decision on the gas price ceiling is stupid ... it was taken from the powerlessness of the EU to influence the situation.
Just on the principle of “let’s do at least something,” he wrote in his Telegram.
According to him, that is why the price ceiling is set at a level that "a couple of years ago would have seemed surprising to absolutely all participants in the gas market."
“After all, none of the bidders on the TTF futures exchange could imagine the price of €180 per kWh (about $2,000 per 1,000 cubic meters) even in the happiest or worst dream,” he added.
Earlier, Russian Deputy Prime Minister Alexander Novak said that the introduction of a gas price ceiling carries the risk of the EU losing supplies and redirecting them to other markets.