19 April 2024
BG Group concerned over EU trading legislation
Publication date: 12 May 2011
Gas Strategies Group
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Oil and gas major BG Group has expressed fears that proposed revisions to European energy trading legislation could undermine liberalised energy markets, and hurt companies such as BG that sell part of its energy production on the forward market. Roger Tucker, BG’s senior vice president for Europe warned at the Flame gas conference that the legislation might also cause more volatile markets and hit production revenues.