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Energy group offers EU strategy for attracting LNG

05/05/2008
The regulation of future LNG terminals will play a commanding role in the European Union’s ability to attract LNG imports, reported an independent group of energy experts established by France’s Energy Regulatory Commission (CRE).This is crucial because the EU must raise its share of natural gas imports to 80% by 2030 from 50% in 2007 to meet future demand and offset declines in domestic gas production, the group reported. LNG is key to its supply security—increasing source diversification and enabling access to global gas reserves.The main mission of the working group was to determine the most appropriate regulatory framework for new LNG projects so that world gas would ...
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