LNG

The European Union Agency for the Cooperation of Energy Regulators (ACER), whose responsibilities include assessing the prices of LNG cargoes, said that more LNG imports were needed to help energy security amid raised concerns about power-grid resilience in the 27-nation group and about subsidies making its citizens lax on saving electricity.

European Union natural gas grids and companies are studying the latest report on the conversion of the low calorific gas (L-gas) markets in Belgium, France, Germany and the Netherlands to reduce demand for Groningen gas field supplies to be ended by the Dutch Government because of earth tremor concerns.