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    Platts: EU gas contracting remains a risky activity: sellers

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Summary

Selling gas in the EU remains a risky commercial activity, as demand cannot be counted on in the medium term, and producers may lose interest

by: Sruthi

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Press Notes

Platts: EU gas contracting remains a risky activity: sellers

Selling gas in the EU remains a risky commercial activity, as demand cannot be counted on in the medium term, and producers may lose interest in a region where some major countries have de facto turned their back on gas as a fuel for power generation.

That was one of the messages from the first day of the eighth European gas summit in Berlin, organized by Platts.

Among the debates on Monday was how to price gas in a way that captured its environmental benefits -- relative to other fossil fuels -- and the security of energy supply that it confers.

"Gas has no perceived leading role as the cleanest, cheapest and most reliable fuel," Dutch GasTerra's head of sales Bert Coelingh said.
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