19 April 2024
EU pushes for gas to be linked to supply and demand fundamentals, not oil
Publication date: 09 June 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Gas should be priced according to supply and demand fundamentals and not to oil prices, Michael Köhler head of cabinet for EU energy commissioner Günther Oettinger said. “We do not need oil indexation in a liquid market with competing gas sources. As long as you have a gas price that is not related to supply and demand for gas, gas is pricing itself out of the market," he told Gas Matters Today.