Introducing a cap on gas prices has been one of the more controversial measures for Europe amid an acute energy crisis following Russia's invasion of Ukraine.
in late October, after several months of discussions. But, a handful of nations are demanding concrete safeguards before greenlighting the proposal, while others say the cap is too high.
The same official said the commission needs to present further guarantees on how the measure will not distort markets. Simson said the proposal, known as the Market Correction Mechanism or MCM, has taken this into consideration and "the risks are minimal" for supply.
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