EU explores new pricing standard for LNG

As the EU is nearing talks on capping gas and power prices, the EU Commission is also exploring options for standardizing rules for liquefied natural gas, with efforts aimed at the market being ”properly represented” in pricing.

Photo: Issei Kato/REUTERS / X90003


Amid talk of price ceilings, peak hours, and possible cash flow returns to both grilled consumers and strained companies, the EU Commission now airs the idea of making another market intervention on liquefied natural gas, LNG, shows a drafted five-point plan presented Wednesday by the regulator’s president, Ursula von der Leyen, as the union’s latest attempt to tame soaring prices.

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