en.Wedoany.com Reported - U.S. gas exporters have formally requested that Europe postpone the enforcement date of its new methane emissions regulation until 2028, noting that regulatory uncertainty is already hindering the signing of long-term contracts. Charlie Riedl, Senior Vice President of the Natural Gas Supply Association (NGSA), revealed this request to Reuters on the sidelines of the Flame gas and liquefied natural gas (LNG) conference in Amsterdam. Riedl stated that U.S. exporters are seeking a delay until at least January 2028, after which EU law would apply to imported gas.

Under the EU Methane Regulation, starting from January 2027, all imported gas must comply with monitoring and verification rules equivalent to those in Europe, or meet a voluntary industry standard known as the Oil and Gas Methane Partnership 2.0 Level 5. Riedl pointed out that several companies represented by the association have instructed their commercial staff to suspend signing long-term agreements due to the uncertainty. Since Russian pipeline gas supplies dropped significantly following Moscow's invasion of Ukraine in 2022, the United States has become Europe's largest LNG supplier, effectively filling the supply gap. According to the International Energy Agency, the Iran conflict has disrupted up to one-fifth of global LNG supply and delayed new capacity, and the global gas market is expected to remain tight. Some companies have already signed new supply agreements with U.S. producers to address the gap caused by expected delays in new supplies from Qatar due to war-related disruptions. In March this year, oil and gas companies, including large European firms, jointly urged Brussels to suspend the methane emissions regulation, warning it could disrupt European fuel imports. The European Commission has offered companies more flexible compliance options but has so far refused to rescind the policy, which is seen as a core pillar of its climate strategy.

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