Bloomberg: Gas Market Transparency Trails Power as EU Scrutiny Tightens

Natural gas companies and grid operators in Europe are behind their power market counterparts in providing flow and supply data under rules designed to prevent insider trading.

The Agency for the Cooperation of Energy Regulators is discussing whether it can oblige gas importers in Europe to report disruptions of flows into the region, according to Alberto Pototschnig, a director at the organization. Data such as Russian inflows and liquefied natural gas cargoes to Europe have to be published under two-year-old European Union rules on energy market transparency.

“Gas trading has a legacy of long-term contracts, the conditions of which are not publicly known, whereas power is traded more in organized markets,” Pototschnig said yesterday in an interview in Ljubljana, Slovenia, where ACER is based.
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