mazda mail for emily, mail football, player, and news from show with an i p different thing in iraq. i think i like you so much . ah, world top has been a performance of football, added fine, it. the world's most coveted players and modern state of the art stadium. but please dial football. bring that back to with basically because all you need, you and the ball. i'm surprised. they even got that far. i think i'll just leave that to the professionals with jack and hoss know performed all around the world. there is no bigger stage for football than the world cup, thinking lead al jazeera don't. ah,

you're watching al jazeera and these are the top stories. the sour tens of thousands of nurses in the u. k. are on strike in their 1st if a national walk house that demanding a 19 percent pay rise to match inflation. but the government says it's unaffordable . jonah haul has more from oxford, is a nurse is joining now striking rail workers striking transport workers. the board of both board of staff will be on strike student bus drivers across the public sector. but the nurses really, this is historic. it's the 1st time such a wave of strikes in the nursing profession has happened in the entire history of the national health service. a service that many say is close to collapse. 19 percent is what the nurses have been off before. as you heard that around 4 percent is what's been offered in terms of an independent pay review. not enough say that they are simply struggling to continue in the profession under a crippling cost of living crisis. new government data shows china's coven 19.

bassett economy slumped in november before authorities eas, severe pandemic restrictions, peruse, new government has declared a 30 day state of emergency in response to protest by supporters of acid president pedro casteel. security forces will have the power to stop demonstrations and search homes without warrants protest as a calling for christine release, he was impeached and jailed after trying to dissolve congress last week. the strategy was putting a price cap on gas and coal. and as it tries to curb soaring prices, parliament has approved to plan to see the price limits on energy supplies. from her book fair place in the world comp final against argentina, the defending champion feat morocco to mil, ending a dream run for the atlas lions who became the 1st african and arab team to make the final for those. the headlines and use continues here on al jazeera, on inside story, which is up next. ah,

you energy ministers meet again and fail again to strike a deal to cap the price of natural gas prices of sword since washer invaded ukraine, the blog post to hurt moscow. but can the deep divisions within the you be overcome? this is inside story. ah hello, welcome to the program. i'm adrian finnegan, european union energy ministers, held their 5th emergency meeting on tuesday to try to set

a price cap for natural gas. but once again, they failed. then the states 1st promised the ceiling on prices in october, but a divided, or what it should be. they want to punish russia by paying less for its gas, while also protecting consumers from prices that have sort since the ukraine war began. the split is between those wanting tough measures. and those fearing that to low a cap might affect supplies. that could happen, it produces sell to other markets instead of the e. u with higher rates on offer elsewhere. energy ministers want to avoid a shop increase in the gas price. like in august, they're going to try to reach a compromise at another round of talks. next week will be only one open issue for the discussion on monday. ah, and this is the prize level triggering car. the mechanism we have to make sure that the situation from this all goes to will not be repeated. i think we

are almost there. but now we need to get together and show that unity is not then empty worked, but the core value of the will, which we all subst subscribe to. some that is worried about the impact of sanctions on the price capital net own people. hungary, for example, says it's national interests come 1st. it through santa, here and brussels. the debate continues to be dominated by sanctions rather than piece building. and that is a big problem. a very big problem. even though thanks and have clearly been shown to have failed sanctions or failed policy and sanctions have thus far lead european decision making and european reactions the war into a dealing to. i would like to reiterate that we consider the sanctions policy as a whole to be a misguided policy. when discussing sanctions, the most important aspect for us is that hungry and national interest

a not harmed and that hungry energy supply isn't jeopardize. so far, there's been agreement on some points, check, industry and trade to mr. yourself. sir keller says that they've agreed to keep what's known as over the counter contract out of the cap. there's a contract directly negotiated between countries and suppliers outside official gas exchanges. the exemption would allow for more sources of supply. they've also agreed to review the measure at the end of february to see how effective it's been . and the deal will include ways to swiftly remove the cap in case it has negative knock on effects. ah. so let's bring in our guests for today's discussion from bern, we're joined by cornelia my up, the ceo of my a resources and energy policy advisory from moscow. chris griffith, the ceo at macro advisory, a strategic consultancy focused on eurasia,

and from warsaw void check. she belsky, the editor in chief of the political magazine. visegrad, welcome to you or cornelia. let's start with you. what exactly is a price cap on gas designed to do hot russia or protect e u consumers or both? and will it work? i think it's, it's designed to do both, but i'm not sure it's effective on either am. it's designed to make sure the price is don't go too high as we have seen. you know, in summer prices went so high that people really feared for, for how they could supply. they could supply their, their, their population adequately. and it's also supposed to put a cap on, on, on the rush, and on that mot, russia can earn that. you have to understand that when you look at gas, and before the ukraine war, about 40 percent off, then all gas coming to europe came from them came from russia in germany. it was 55

percent. since then. it's really gone down to about a 17 piss and, and people are putting on off shore liquids em offshore beef gas, if occasion terminals, all sorts of things to make sure they can get more l n t, admittedly more expensive. but europe is not only slowly and steadily very quickly, winning itself off, it's total dependency on russian gas. right. so really, if i, as you say that the dependence upon russian gas has fallen, why are certain e u member states? why do they feel it's so important to introduce this price captain? why are they trying to push it through? well, they're pushing it through because some countries really very much still depend on russian gas. if you look at an austria, if you look at, you know, slovakian and those bordering states, they're still really need and some states in the western balkans,

they still need russian gas. so they want to avoid that too much money goes to russia and, and, and then to the war efforts. but them, but it's a matter, you know, this is a matter over the next 1218 months looking forward. it's really a matter of where will the gas for europe come from, but it will be a lot more expensive l n g is more expensive than russian pipeline gas, which comes from the weston and the west and siberian gas fields on an infrastructure that's basically paid off, so you're having new infrastructure, more expensive gas, so it's, so prices are gonna go up in europe, no matter what chris reefer in moscow, how it russia react, that if a cap on the price of russian gas was implemented, where, where it wouldn't hurt russia, talk and, you know, kind of get a good around the cap. well, 1st of all, to say that stare is much less a commentary and certainly much less debate about the proposed gas price. a

captain there is or has been about the oil price cap. and certainly we, we've seen a very fierce political reaction to the proposed boy price cap. i even are now expecting that's a president. putin will sign legislation making is illegal for any rest producer to sell oil under the terms of the hard press cap. there has not been, or the any commentary about the gas price cap, but $1.00 of the reasons is the course the price level is begin to gauge the 275 year as a t t f. the benchmark price, ah, the price of gas has only ever been above that rapes for only a few days in august. the current price is almost half that level. it's about a $130.00. and so that's one reason why there's much less excitement about this in

russia big because the levels are being set so high. and also i think the other reason is because of course, russia does have options when it comes to transferring oil. and we see of see a great effort now to secure tankers and other roads to shift oil. ways you can't do that, a gas, of course, because it's pipeline routed. so i think for now to position in moscow is there simply waiting to see what is agreed, what would be the impact? and i then we'll only then will we get a reaction from us. but it's, it's sort of itself, it's not going to have much time because that is our slower times, very down in let me clarify what you were saying that the current price of gases is well below where this, this camp is, is, is, is thought it's going to be implemented, so it's not gonna make much difference. no, it's not the current price, it's $130.00 euros and the price can propose was $275.00. so it's, it's a long, long way office. i am assuming that's the reason why europe once to agree this is

because they are looking forward to next year. really a probably, europe is not going to have much of an energy problem. this winter is already enough. gas has been secured as the previous speaker, sad has been very big in ports of l. n, g. and so reserves are high and it shouldn't be a problem this winter. but it's, it's already looking like in which were dangerous situation for europe coming in to to next winter may not be able to get the same energy supplies next summer as they, as a got this summer because china did not buy as much energy as a contract and therefore, allowed that energy to go to europe. if the time these economy recovers as it now appears to be, then china will take that energy and europe on get it. so the position therefore is we could be looking at a much higher or a gas price and greater volatility in the gas market this time next year. and i think the mechanism therefore, is aimed at that rather than anything more immediate for check. what's poland

position on this? it's one of the countries that's pushing hard for this camp is good. yes, bohlin is one of the country that pushes hard for the camp. but as also one of the countries that has been for a long time pushing for european energy independence or interdependence by proposing and pushing for the energy packages that would build up european energy market as a whole. and not disconnect and divided market of nation states that has been abused by the other players like russia for their own benefit and the weakening, weakening the block. currently, the, the gas price cap is being pushed down as much as possible. countries like problems and i believe between you as well. and should there be a big, there's a government about on that on the price? i don't think so. of course there is, there is, there is something behind closed doors that we do. we don't know yet. what it's coming to be, but it's part importantly we have to remember is part of

a broader effort called re power you. it's the commission effort to make europe as a block more independent from weaponized buying gas prices, gas deliveries, energy delivers to europe by specifically russia of any other actors in the future . and it's a long term strategy. so just like my previous speaker said, it's about building up a resilience. busy for the next year and the future year in terms of acting together as a blog and not this united nation states markets. but this problem have any sympathy for landlocked countries like hungry and austria, who course don't have ports to take l n g and, and don't want to cap on on russian gas. that's the whole point of building interconnectivity. poland has been at the forefront of proposing inter connectors and building in fact, since 2008, 9 the gas rises when. ready rushes,

turning off their, their delivery of gas to europe. specifically, central europe has been hit havilland along with other countries of central east in europe and germany and many other countries. i've been starting to build by with european support, so called interconnect doors to make the gas markets truly european and not landlocked to nation states. so austria and check lock and angry. they're being offered and they're being, they're having these interconnect or is built to make the, the energy market and the gas market, specifically fully accessible to all europe and them to be more resilience against such kind of blockades, by, by ro, doctors clearly let's, let's continue with this idea of, of the interconnected world, the e. u. energy independence, co, interdependence. is that, is that wishful thinking? do you think there will never be independence but into connect that with of europe

started to build into connect exactly way before 2008. they started when they rehabilitated when actually us money rehabilitate that the gas brom m pipelines there were interconnect the spilled from their broker in them in the, in, in, in holland you know, with, with the noise noise c, m, british gas. so this is been a trend and it's really important because we get gas from algeria. you know, we get gas from, from the mediterranean. then we get all the l, a, g of in spain and the mediterranean in holland, in england, in them, in and now in germany. so yes, this interconnectivity is really important. so gas becomes more fun durable. the problem with gas is oil. if you find oil and oil, we'll find the market as them our previous speaker, mr. weaver said, you know, there's been now a big shadow fleet bought the specially by the russians to ship uh,

oil to places where, who do not adhere to the oil price cap. that's not possible with with gas unless it's l. n g with pipeline gas. so d's in the connect us, oh, really the key to make and to make gas sponsor a bowl and yest, of europe has been working on this actually since about 1998 from various places and them and, and it needs to, it needs to speed that up, chris, their m. oscar, what, what impact a sanctions against russia having on ordinary people, you talked about the fact that people are formal, worked out of a better approach. couple oil than they are on gas is, is any of this having any impact on daily life. 3rd, russia hours. but these issues are not just a nice note on price and, and it says, ceiling resizes in very much her government level or as economist and level, the ordinary people, you know, going about a daily life. people are course

a concert are aware and are affected by say, the travel plans like to suit nurses and no longer cross the border deposit countries or poland, et cetera, ah, price increases. we've seen this year because of trade disruptions. and there is a general concerned about what the economy impact next year. people are generally more aware that rush is now entering a phase or you know where the accumulation of sanctions is going to start having a bigger impact on economy and jobs and their for their, their lives. so this is, there is a general concern there for about the accumulation of the back to sanctions. people are not talking about oil price, cap or gas price, tap or any those specific issues that city actually government level and as a say, all pick up and discussions been about the oil price, not the gas cap. and you know, and again, you have to look, look at the 2 things wanted horses, there's been a big disruption on gas volumes of the north stream. one was suspended and,

and then i, it's not been taken out of action. i saw volumes of gas going into europe to the, the jews for pipeline and to the turkish to a pipeline are much less. and then usually that's a much bigger factor in terms of economic packed affected russian volumes have been substantially reduced. and i, you know, and price as i say, this year we seen a big jump in price. but russia is being used to a very low price look much less than a $100.00 for, for every year up to this year. so i really don't think therefore even if there is a gas price cap put in place at anything above a $100.00 t t f, i don't think the rest is going to react with an anything like the same way as they reacted to the office cap. i think they live with it. all right, let's talk about the that the ears, apparent inability to, to come to any sort of deal to fight unity on this vortex. at the beginning of the program, we pointed out that the check energy minister said that is fellow ministers could

say, say reputation risk, if they don't agree on this cap to stop future price spikes. now if 90 percent of the deal is done, what's the problem of what is preventing it getting over the line time and time again? well, we can only assume as we have no credible accounts of money and i need report. ready to testify what, what is happening and behind the closed door. but there are always countries in here that use cards to negotiate their individual interest on potentially even disconnected from this particular energy policy. and countries like that, for instance, hungry have been oftentimes using the need to agree on certain common foreign policy agenda as, as a token and negotiating some something completely different along with, with other countries regarding rule of law or regarding some other types of funding

that they are seeking so i would not. busy i would not be surprised that again, country like this or the one that i mentioned or another may be finding it hard to agree at 1st because it's seeking aside deal. there is a parental negotiation coming going on with, with, with respect to the individual interests of the given country, but that's purely speculative, says, however, the logic usually decisions are being reached that these deals are being done and seen that in the support of hungry for the 18000000000 supports a 1000000 euro support package for ukraine only this week, week which is, which has been opposed by hunger previously. and angry. agree to that in exchange, direct exchange for making us a few steps back by the european commission in terms of cutting funds for rule of law conditionality, amelia is any of this going to make any difference a tool for consumers? people like you and i, when we pay our gas or electricity bills. this is all

academic at the moment, but could a price cap on gas ultimately drive price is high? you said you think it would fair? well, we still be paying more for gas and electricity regardless we we will be paying more for all a guess and for electricity, because even if we have a guys, a gas price cap, and even if the gas prices, as mister weaver pointed out, you know, very rarely was the gas price above the price of the that the price cap. but when you look at the getting redirecting trade flows is always a very expensive undertaking, whether that's now oil or whether that's gas and especially with gas. and l n. g is a lot dearer, a lot more expensive. so as we're winning ourselves off, rush and gas and use more l n g at more gas from other sources which will be more expensive. yeah, obviously we will have to, to, to,

to deal with that. and then depends on how our utilities, by the gas when they buy it, how they buy, and then wait. when we look at it now, europe was extremely lucky that china had to ciro coverage policy, anti economy didn't really boom. so a lot of cargoes, as mister weaver said, we're die, we directed to europe where they could get better prices. but once china picks up, and then this is east asian, i'm, you know, place, which is china, korea, japan, which are the largest and consumers of ellen. she, once that consumption picks up, you know, you will need, europe will need to pay a lot to, to entice cargoes to come here. and what we have in store though is u. s l n g, but that's per, that is still in the permitting process and we're still about 3 to 5 years off from

that hitting the market. so, you know, gas and oil are not light switches. these are, these are these, these, these, some in for this infrastructure takes time to create and it takes time to we direct that said the trade flows. so yes, in short, it will get more expensive for the european consumer, christine, to do agree with, we're quarterly, we're saying that not long ago, but the european consumer about where russia will sell it, cash or to cancer, to europe. ah yes, and i think look that this is the difference of a see what discussions on the gas cap from oil because the oil cap is very specific to russia, but the gas cap proposal is, will effect on gas purchased by europe. and i think it is right to focus on energy . and the headlines were little strictly focus on on piped gas, because that's coming from russia you're for, it's targeting russia. so you get to get headlines. but the much more serious issue is, what will be the price cap analogy? will there be a price gap analogy?

because that is a more portable, movable products, if your caps the price and demand, you know, from asia and elsewhere, spikes, those tankers will simply turn around and go elsewhere. so i think europe will have to be extremely careful on what will be the price cap mechanism and the review mechanism for ellen g rather than fur for pipe gas, because we know the future as we tars is, and to try and acquire more and more elegy because it can be source and different places reduce pipe gas, particularly from, from, from russia us. so the question of price cap analogy, i think is much more critical than the price cap on the oil or the gas coming in from, from russia. because yeah, if we get a strong recovery the asian markets, they will pay a lot more for the gas, and europe could end up with gas shortages in addition to higher prices, if they don't get, if they get this pricing mechanism route for jack is,

is that much appetite in the you to cap the price of, of ellen g. well, i, i don't know about the particular issue here whether there is much appetite in europe, but there is much appetite in europe for broad energy package reforming in the re power you program. they include the gas, the gas caps. it's also about introducing essentially the framework of a common european market and innovation in terms of getting more green or alternative energy is more effective and energy sources and lowering the consumption levels. so we need to look at it from the holistic perspective of what the you, meaning the commission and the countries want to achieve here. and there is a general agreement into the, in the direction it is going. there is, of course,

there are, there are some concerns that my, my co speakers i've already mentioned and they are supported by european national european central bank. that also is worried about not making the right call on the prize cap in terms of the level of the price gap that may create shortages. and this concern is being on the other hand, waited by the media. the fact of introducing a price cap, which is expected by countries like century center p and one is poland, to have a direct and immediate effect on the income levels of russia through which russia funds, the war effort in ukraine. the, i'm afraid we're going to have to leave it. we are out of time. thank you to you all cornelia, my chris, we're up and boycheck should bills key as always, thank you for watching. don't forget, you can see the program again at any time by going to the web site with al jazeera dot com for further discussion. you can join us on facebook page at facebook dot com, forward slash ha, inside story ad. as always,

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year. as we celebrate 75 years of the declaration standing up for our rights. we have the chance to, you know, claim and defend the all right. do ah hello. i'm adrian finnegan in dough. how about the summary of the news on al jazeera, tens of thousands of nurses and the u. k. are on strike. in the 1st of the national walk out the demanding a 19 percent pay rise to match inflation that the government says the pat is on affordable. joe ho reports now from oxford. the nurse is joining now striking rail workers striking transport workers the boarders bob board. stop will be on strike soon, bus drivers across the public sector but.