Looking to the long term
After years of public debate, the European Commission, energy companies and governments of gas-producing countries all seem to agree that long-term gas contracts are here to stay. So why is it still such a big issue, asks Maria Kielmas
It’s become a mantra,” says Jean-Marie Devos, general secretary of the Brussels-based gas industry lobby group, Eurogas. He refers to the closing statement on the need for long-term contracts in Eurogas’s October 2 press release, which urges an October meeting of the European Council to clarify the European Union’s agenda on natural gas market liberalisation. “Long-term contracts should
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