LNG

Intercontinental Exchange, the leading global provider of market platforms for energy futures and options and other assets, intends to implement the European Union’s Market Correction Mechanism Regulation (MCM Regulation) and related price cap on Dutch Title Transfer Facility (TTF) natural gas derivatives, in time for entry into force of the regulation, though it is also planning a London-based TTF trading alternative.

Many German companies in the manufacturing sector have been cutting back on natural gas with only minor restrictions on production, though they will face more difficulties in the future as gas prices surged and a new survey outlined possible problems.