The Discovery of the Concept of LNG Storage in the European Gas Directive
Article from: OGEL 3 (2009), in OGEL Student Special
(Katholieke Universiteit Leuven) The European Gas Directive introduced the concept of liquefied natural gas (LNG) storage in 2003. The purpose of LNG storage is to provide open access and to facilitate competition in the gas market. However, due to the unclear definition and scope of the LNG storage concept and the development of the LNG market in its infancy, there is a lack of discussion and monitoring of the actual implementation of LNG storage regime. The purpose of this article is to raise the issue of the existence of LNG storage in the ...