Regulating and Terminating Existing Natural Gas Transportation Capacity Contracts Through Legislative Measures: The European Experience
Article from: OGEL 2 (2023), in Energy Union, EU Energy
Introduction
While the United States and Europe engaged in natural gas market liberalization in early 1990's, many natural gas markets around the world are planning or going through a somewhat similar process of market liberalisation. In Asia, countries like Japan (deregulation in 2017), China (e.g. unbundling and open access to gas infrastructure in 2019), South Korea (the possibility to import LNG and sell to utilities as from 2025), India (third-party access in 2018 and ongoing unbundling and liberalisation efforts) and Singapore (liberalised market and ambitions to become the regional trading ...