LNG companies impact gas price index

One of the EU’s prestige projects to combat high gas prices could become unusable due to inadequate cooperation from European gas companies. The European regulatory authority ACER called on all liquefied natural gas (LNG) companies on Thursday to improve the quality of their data reporting. In extreme cases, the quality of the reported data could lead to inaccurate LNG price assessments, the agency stated in an open letter. ACER criticized completeness, accuracy and timeliness.