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Viewpoint: Acer's LNG Assessments Signal Broad EU Policy Concerns

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The EU’s Agency for the Cooperation of Energy Regulators (Acer) finally published its first daily LNG price assessments for both Northwest and Southern Europe on Jan. 20 after a delayed launch. The lack of assessments was blamed on insufficient price information delivered by market participants. This fueled the market’s already heightened skepticism over the need for these assessments, which Brussels argues is needed to create a benchmark to replace the TTF as the pricing reference for the LNG that arrives in the EU. Such actions bring up the question of whether Acer’s failures are consistent with a broader problem in the way the EU is dealing with the energy crisis, namely a lack of desire to consult the wider market as to how best to go about its business.

Topics:
LNG Spot Trade, LNG Prices, LNG Trade, LNG Supply, LNG Demand, Ukraine Crisis
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