Development of Competitive Gas Trading in Continental Europe
In its latest publication, Development of Competitive Gas Trading in Continental Europe,
the IEA examines the history of major gas markets’ development in OECD Europe, and
explores the possible expansion of trading through the mechanism of different hubs
across the region. Lessons learned from North American markets on the benefits of
regulatory convergence and investor-friendly legal framework are an important part
of the analysis. Competitive trading based on transparent, non-discriminatory rules
in a flexible and integrated European gas market will lead to more efficiency, timely
investment, and greater market resilience, therefore ensuring more security for both
customers and suppliers in the long term.
Published on August 27, 2009