GAS SECURITY
March 1st, 2003
BY KEITH NUTHALLEUROPEAN Union gas federation Eurogas is hopeful that the proposed EU directive on securing Europe's gas supplies will be substantially recast, after opposition from the industry to proposals allowing the European Commission to intervene in the market to depress high prices.Instead, said Eurogas secretary general Jean-Marie Devos, consultations were currently focusing on framing minimum output standards for EU suppliers and a system for releasing stocks when an international crisis threatened physical gas shortages within the European ...
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