Mandatory bundling will damage trading in European gas, say firms

Gas pipeline

Energy companies say the mandatory bundling of natural gas capacity contracts under new European Union (EU) rules could impair liquidity across the continent's gas market.

The Capacity Allocation Mechanism (CAM) network code is set to be implemented in November 2015 and will be the first EU gas network code. The EU network codes are part of an effort to unify the European natural gas market, setting common rules of the road for cross-border trade. The CAM network code is aimed at promoting cross