GasNaturally Press Statement on Energy Market Developments

This statement comes in response to increasing energy prices around the world and a tightening supply/demand balance that impact the EU and global energy wholesale markets. After the European Commission presented on 13 October 2021 its toolbox to alleviate market disturbances, the European Council discussed energy prices on 21 October 2021. GasNaturally welcomes the ‘toolbox’ to address high energy prices and would like to provide stakeholders with recommendations and insights, which can be found in the document below.

Particularly, we offer our expertise on:

• energy supply and demand;
• market functioning;
• the role of natural gas in the energy mix;
• government interventions and strategy storage of gas;
• and policy asks.