Europe Weighs Methane Rule Delay as Energy Supply Risks Mount ...Middle East

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Europe Weighs Methane Rule Delay as Energy Supply Risks Mount
source : OILPRICE ( Middle East ) () 47
The European Union’s so-called methane rule is scheduled to enter into effect in January. The rule is massively unpopular among large energy exporters, and these exporters have a lot more options in terms of buyers than the EU has in terms of suppliers. It would have to either axe the rule or face a further squeeze in oil and gas. Some in Brussels are aware of that, with Energy Commissioner Dan Jorgensen last week telling media that a delay was being considered for the implementation of the methane regulation in order to ensure sufficient…

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