Gas regulation—European Union—Q&A guide

The following Energy practice note provides comprehensive and up to date legal information covering:

  • Gas regulation—European Union—Q&A guide
  • 1. Describe the domestic natural gas sector, including the natural gas production, liquefied natural gas (LNG) storage, pipeline transportation, distribution, commodity sales and trading segments and retail sales and usage.
  • 2. What percentage of the country’s energy needs is met directly or indirectly with natural gas and LNG? What percentage of the country’s natural gas needs is met through domestic production and imported production?
  • 3. What is the government’s policy for the domestic natural gas sector and which bodies set it?
  • 4. Which authorities make regulatory policies and decisions in respect of the production, transmission, distribution and supply of natural gas?
  • 5. What is the ownership and organisational structure for production of natural gas (other than LNG)? How does the government derive value from natural gas production?
  • 6. Describe the statutory and regulatory framework and any relevant authorisations applicable to natural gas exploration and production.
  • 7. Are there different rules for, or any restrictions on, unconventional natural gas production (including fracking)?
  • 8. Are participants required to provide security or any guarantees to be issued with a licence to explore for or to store gas?
  • 9. Describe in general the ownership of natural gas pipeline transportation, and storage infrastructure.
  • More...

Gas regulation—European Union—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to gas regulation in European Union published as part of the Lexology Getting the Deal Through series by Law Business Research (published: February 2021).

Authors: Reed Smith LLP—Christian Filippitsch; Max Seuster

1. Describe the domestic natural gas sector, including the natural gas production, liquefied natural gas (LNG) storage, pipeline transportation, distribution, commodity sales and trading segments and retail sales and usage.

The majority of the gas supplied in the EU (excluding the UK) is imported from outside the EU (89.5 per cent in 2019 compared to 83.8 per cent in 2018). The remaining gas volumes (10.5 per cent in 2019) stem from domestic EU gas production. The six largest gas-producing countries within the EU are the Netherlands, Romania, Germany, Italy, Poland and Denmark. The main external sources of gas supply in 2019 (in terms of trade value) were Russia (44.7 per cent), Norway (21.3 per cent), Algeria (12.1 per cent), Qatar (6.3 per cent), Nigeria (5.9 per cent) and others (9.7 per cent overall). While 67 per cent of the EU's gas imports (in trade value) was transported by pipeline in 2019, 33 per cent was delivered as LNG from across the world. The EU's largest LNG suppliers are Qatar (34 per cent of the EU total LNG imports), Russia (24 per cent), the United States

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