LNG

May 16 (LNGJ) - Intercontinental Exchange (ICE), the leading US operator of global exchanges and clearing houses as well as a provider of data such as natural gas and energy and commodities price, said the emissions auction scheduled for May 16 of 4,593,500 EU Allowances (EUAs) held on behalf of the UK Government’s Department for Business, Energy & Industrial Strategy (BEIS) was cancelled as a result of the total volume of bids falling short of the volume of the allowances being auctioned. “The cancellation of the auction is in accordance with the requirements of the EU Auctioning Regulation and the allowances will be distributed over subsequent auctions as required by the Auctioning Regulation,” said a statement from ICE. “The auction calendar for EUAs will be revised and published in due course,” added ICE.