”Very complicated” to dictate new benchmarks for gas
The EU Commission is working on a new benchmark for gas prices in Europe – perhaps even several. Gas expert agrees that having multiple benchmarks is a fine idea but questions whether such a move can be dictated top-down.
BY LOUISE WENDT JENSEN, TRANSLATED BY CHRISTOFFER ØSTERGAARD
”Today our gas market has changed dramatically: from pipeline mainly to increasing amounts of LNG. But the benchmark used in the gas market – the TTF – has not adapted. This is why the Commission will work on establishing a more representative benchmark.”
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