France’s Commission de Régulation de l'Energie (CRE) has given the go-ahead for a further increase in the cost of imported natural gas, leading to an immediate jump in regulated domestic sales tariffs as costs rise for utilities all over Europe.
LNG importer Mexico is now offering limited transparency in natural gas pricing showing that its domestic gas was at $4.10 per million British thermal units compared with $2.92 per MMBtu in the US and around $5.70 per MMBtu in Europe.
French liquefied natural gas terminal operator Elengy, a subsidiary of energy company and utility Engie, has commissioned its own market report as the energy regulator starts a consultation process on tariffs applicable at France's regulated regasification facilities from 2017.