Sputnik: EU Energy Ministers to Sign a Declaration on Energy Cooperation

Germany and 12 EU energy ministers plan to sign a joint declaration on energy cooperation, in early June, State Secretary of the German Ministry for Economic Affairs and Energy Rainer Baake said on Wednesday.

Baake pointed that the EU ministers agreed to follow common principles, including cancellation of price caps or interference in energy trading.

"This draft says clearly that we may have different national policies but we agreed on some principles and one of them is no price caps. No direct or indirect price caps. And no interference in energy trading," Baake said at the opening session of the third annual Energy Security Summit in Berlin